Village government · Rensselaer County, NY

Valley Falls's money: where it comes from and where it goes

In the latest recorded fiscal year (ended May 31, 2022), Valley Falls took in $451 thousand and spent $240 thousand.

Latest recorded year: ended May 31, 2022Comes fromGoes to

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Where it comes from

Fees for services (sewer)59%Village taxes17%County and local tax money12%State tax money7.8%Fines and other3.1%Federal tax money0.9%

What stands out

12%

of Valley Falls' money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes17%

Property tax
14%$61 thousand
Other taxes
3.5%$16 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$11 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services59%

Fees for services
59%$268 thousand
What's in fees for servicesOther service charges and sewer
  • Other service charges$153 thousand
  • Sewer$115 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$4 thousand

State tax money7.8%

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

From the state
7.8%$35 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$53 thousand

Fines and other3.1%

Interest, rents and other
3.1%$14 thousand

Where it goes

Running the government and other costs33%Police, fire, courts and jails19%Roads, transit and parking18%Interest on debt15%Parks, recreation and libraries13%Water, sewer, trash and utilities2.1%

What stands out

15%

of Valley Falls' spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Running the government and other costs
33%$78 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$33 thousand
  • Other and not broken out$28 thousand
  • Government buildings$11 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Police, fire, courts and jails
19%$45 thousand
What's in police, fire, courts and jailsFire protection and inspections and regulation
  • Fire protection$44 thousand
  • Inspections and regulation$1 thousand
Roads, transit and parking
18%$44 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$44 thousand
Interest on debt
15%$37 thousand
Parks, recreation and libraries
13%$31 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$30 thousand
  • Libraries$1 thousand
Water, sewer, trash and utilities
2.1%$5 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$5 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Valley Falls. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended May 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Valley Falls 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.