Town government · Madison County, NY

Stockbridge's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Stockbridge took in $1.2 million and spent $957 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Town taxes49%County and local tax money13%State tax money13%Fines and other13%Fees for services (water)11%

What stands out

13%

of Stockbridge's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes49%

Property tax
46%$552 thousand
Other taxes
3.3%$40 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$30 thousand
  • Public utility taxes$8 thousand
  • Other taxes not classified elsewhere$2 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$131 thousand
What's in fees for servicesWater and other service charges
  • Water$130 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money13%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
13%$160 thousand

County and local tax money13%

Money passed on by the county or other local governments.

From the county and other local governments
13%$161 thousand

Fines and other13%

Interest, rents and other
13%$153 thousand
Fines
0.2%$2 thousand

Where it goes

Roads, transit and parking48%Running the government and other costs27%Water, sewer, trash and utilities13%Police, fire, courts and jails12%Parks, recreation and libraries0.6%All other spending0.4%

What stands out

13%

of Stockbridge's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
48%$455 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$455 thousand
Running the government and other costs
27%$254 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$163 thousand
  • Central staff services (personnel, purchasing, technology)$37 thousand
  • Finance, tax collection and budgeting$28 thousand
  • Government buildings$25 thousand
  • Other government-run businesses$1 thousand
Water, sewer, trash and utilities
13%$122 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$122 thousand
Police, fire, courts and jails
12%$116 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 2 more
  • Fire protection$82 thousand
  • Inspections and regulation$17 thousand
  • Courts and legal services$16 thousand
  • Police$1 thousand
Parks, recreation and libraries
0.6%$6 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$6 thousand
Health and hospitals
0.3%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Interest on debt
0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Stockbridge. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Stockbridge itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.