Town government · Broome County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Vestal took in $36.2 million and spent $33.7 million.

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

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Where it comes from

Town taxes37%County and local tax money24%Fees for services (sewer, water)19%Federal tax money12%Fines and other6.2%State tax money1.8%

What stands out

24%

of Vestal's money comes from county and other local tax money.Most U.S. townships and towns of 10,000 to 50,000 people get none.

Town taxes37%

Property tax
34%$12.2 million
Other taxes
2.8%$1.0 million
What's in other taxesOther licenses and public utility taxes
  • Other licenses$715 thousand
  • Public utility taxes$311 thousand

Amounts are by Census tax category.

Fees for services19%

Fees for services
19%$6.8 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$3.7 million
  • Water$2.5 million
  • Other service charges$516 thousand
  • Parks and recreation$52 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$4.5 million

State tax money1.8%

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

From the state
1.8%$649 thousand

County and local tax money24%

Money passed on by the county or other local governments.

From the county and other local governments
24%$8.7 million

Fines and other6.2%

Interest, rents and other
6.0%$2.2 million
Fines
0.2%$87 thousand

Where it goes

Running the government and other costs37%Water, sewer, trash and utilities19%Roads, transit and parking19%Police, fire, courts and jails19%Parks, recreation and libraries4.1%All other spending1.8%

What stands out

19%

of Vestal'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%

Running the government and other costs
37%$12.4 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$11.3 million
  • Finance, tax collection and budgeting$587 thousand
  • Central staff services (personnel, purchasing, technology)$252 thousand
  • Government buildings$246 thousand
  • Other government-run businesses$4 thousand
Water, sewer, trash and utilities
19%$6.6 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$4.6 million
  • Water supply$2.0 million
Roads, transit and parking
19%$6.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6.4 million
Police, fire, courts and jails
19%$6.3 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$4.3 million
  • Fire protection$1.4 million
  • Inspections and regulation$337 thousand
  • Courts and legal services$251 thousand
Parks, recreation and libraries
4.1%$1.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.4 million
Interest on debt
1.4%$461 thousand
Environment and natural resources
0.3%$102 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$102 thousand
Health and hospitals
0.1%$45 thousand
What's in health and hospitalsPublic health
  • Public health$45 thousand
Sent to other local governments
<0.1%$6 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$6 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Vestal. 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 Vestal 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.