Town government · Sullivan County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Thompson took in $17.7 million and spent $15.6 million.

Latest recorded year: ended December 31, 2021Comes from Goes to

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Where it comes from

Town taxes37%Fees for services (sewer, water)30%State tax money25%Fines and other6.3%Federal tax money2.5%

What stands out

30%

of Thompson's money comes from fees for services such as water, sewer and parking.A typical U.S. township or town of 10,000 to 50,000 people gets 8.8%.

Town taxes37%

Property tax

29%$5.1 million

Other taxes

7.5%$1.3 million

What's in other taxesOther licenses; other taxes not classified elsewhere and 1 more

Other licenses$648 thousand
Other taxes not classified elsewhere$495 thousand
Public utility taxes$191 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services

30%$5.3 million

What's in fees for servicesSewer; water and 2 more

Sewer$4.4 million
Water$531 thousand
Other service charges$349 thousand
Parks and recreation$35 thousand

Amounts are by Census type of charge.

Federal tax money2.5%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government

2.5%$441 thousand

State tax money25%

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

From the state

25%$4.3 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$8 thousand

Fines and other6.3%

Interest, rents and other

3.8%$664 thousand

Fines

2.5%$442 thousand

Where it goes

Roads, transit and parking35%Water, sewer, trash and utilities28%Running the government and other costs26%Police, fire, courts and jails5.2%Parks, recreation and libraries3.2%All other spending2.5%

What stands out

28%

of Thompson's spending goes to water, sewer, trash and other utilities.A typical U.S. township or town of 10,000 to 50,000 people spends 4.5%.

Spending by category100%

Roads, transit and parking

35%$5.5 million

What's in roads, transit and parkingRoads and highways

Roads and highways$5.5 million

Water, sewer, trash and utilities

28%$4.4 million

What's in water, sewer, trash and utilitiesSewer systems and water supply

Sewer systems$4.0 million
Water supply$316 thousand

Running the government and other costs

26%$4.1 million

What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more

Other and not broken out$2.9 million
Finance, tax collection and budgeting$658 thousand
Central staff services (personnel, purchasing, technology)$405 thousand
Government buildings$143 thousand
Other government-run businesses$1 thousand

Police, fire, courts and jails

5.2%$808 thousand

What's in police, fire, courts and jailsCourts and legal services; inspections and regulation and 2 more

Courts and legal services$426 thousand
Inspections and regulation$362 thousand
Police$19 thousand
Fire protection$1 thousand

Parks, recreation and libraries

3.2%$508 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$508 thousand

Interest on debt

1.4%$218 thousand

Health and hospitals

1.0%$159 thousand

What's in health and hospitalsPublic health

Public health$159 thousand

Housing and community development

<0.1%$15 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Thompson. 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 Thompson 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.