Village government · Stark County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Magnolia took in $2.9 million and spent $903 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fines and other57%Village taxes17%County and local tax money12%Fees for services (water)7.5%State tax money6.3%

What stands out

57%

of Magnolia's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes17%

Property tax
16%$475 thousand
Other taxes
0.4%$11 thousand
What's in other taxesPublic utility taxes and alcoholic beverage licenses
  • Public utility taxes$8 thousand
  • Alcoholic beverage licenses$3 thousand

Amounts are by Census tax category.

Fees for services7.5%

Fees for services
7.5%$221 thousand
What's in fees for servicesWater
  • Water$221 thousand

Amounts are by Census type of charge.

State tax money6.3%

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

From the state
6.3%$185 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$365 thousand

Fines and other57%

Interest, rents and other
57%$1.7 million
Fines
0.1%$4 thousand

Where it goes

Police, fire, courts and jails40%Running the government and other costs24%Water, sewer, trash and utilities13%Roads, transit and parking11%Interest on debt8.1%All other spending3.8%

What stands out

40%

of Magnolia's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
40%$359 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$302 thousand
  • Fire protection$49 thousand
  • Courts and legal services$8 thousand
Running the government and other costs
24%$217 thousand
What's in running the government and other costsOther and not broken out; government buildings and 1 more
  • Other and not broken out$116 thousand
  • Government buildings$71 thousand
  • Central staff services (personnel, purchasing, technology)$30 thousand
Water, sewer, trash and utilities
13%$117 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$117 thousand
Roads, transit and parking
11%$103 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$103 thousand
Interest on debt
8.1%$73 thousand
Parks, recreation and libraries
2.9%$26 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$26 thousand
Health and hospitals
0.9%$8 thousand
What's in health and hospitalsPublic health
  • Public health$8 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Magnolia. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Magnolia 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.