Village government · Saratoga County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Waterford took in $2.0 million and spent $3.3 million.

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

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Where it comes from

County and local tax money35%Fees for services22%Federal tax money21%Village taxes18%State tax money3.3%

What stands out

35%

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

Village taxes18%

Property tax
15%$309 thousand
Other taxes
2.7%$56 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$34 thousand
  • Other licenses$22 thousand

Amounts are by Census tax category.

Fees for services22%

Fees for services
22%$453 thousand
What's in fees for servicesOther service charges
  • Other service charges$453 thousand

Amounts are by Census type of charge.

Federal tax money21%

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

From the federal government
21%$437 thousand

State tax money3.3%

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

From the state
3.3%$68 thousand

County and local tax money35%

Money passed on by the county or other local governments.

From the county and other local governments
35%$719 thousand

Fines and other<0.1%

Interest, rents and other
<0.1%$1 thousand

Where it goes

Running the government and other costs45%Roads, transit and parking30%Social services9.8%Police, fire, courts and jails6.3%Water, sewer, trash and utilities5.9%All other spending3.5%

What stands out

10%

of Waterford's spending goes to social services.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
45%$1.5 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$1.2 million
  • Government buildings$233 thousand
  • Central staff services (personnel, purchasing, technology)$47 thousand
  • Finance, tax collection and budgeting$30 thousand
Roads, transit and parking
30%$983 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$983 thousand
Social services
9.8%$323 thousand
What's in social servicesOther public welfare
  • Other public welfare$323 thousand
Police, fire, courts and jails
6.3%$209 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$199 thousand
  • Courts and legal services$10 thousand
Water, sewer, trash and utilities
5.9%$194 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$178 thousand
  • Sewer systems$16 thousand
Housing and community development
1.5%$51 thousand
Parks, recreation and libraries
1.5%$49 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$49 thousand
Interest on debt
0.5%$16 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Waterford. 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 Waterford 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.