Village government · Huron County, OH

New London's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), New London took in $3.8 million and spent $2.8 million.

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

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Where it comes from

Fees for services (water, garbage collection)62%Village taxes34%County and local tax money1.7%Fines and other1.1%State tax money0.5%

What stands out

26%

of New London's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes34%

Individual income tax
26%$994 thousand
Property tax
8.0%$300 thousand
Other taxes
<0.1%$2 thousand
What's in other taxesEstate and gift taxes
  • Estate and gift taxes$2 thousand

Amounts are by Census tax category.

Fees for services62%

Fees for services
62%$2.3 million
What's in fees for servicesWater; garbage collection and 2 more
  • Water$1.1 million
  • Garbage collection$483 thousand
  • Parks and recreation$400 thousand
  • Sewer$378 thousand

Amounts are by Census type of charge.

State tax money0.5%

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

From the state
0.5%$20 thousand

County and local tax money1.7%

Money passed on by the county or other local governments.

From the county and other local governments
1.7%$64 thousand

Fines and other1.1%

Interest, rents and other
0.8%$29 thousand
Fines
0.3%$12 thousand

Where it goes

Water, sewer, trash and utilities34%Roads, transit and parking20%Police, fire, courts and jails15%Running the government and other costs15%Parks, recreation and libraries7.1%All other spending8.6%

What stands out

20%

of New London's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
34%$962 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$397 thousand
  • Sewer systems$295 thousand
  • Garbage and solid waste$270 thousand
Roads, transit and parking
20%$554 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$554 thousand
Police, fire, courts and jails
15%$429 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$424 thousand
  • Fire protection$5 thousand
Running the government and other costs
15%$421 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$403 thousand
  • Finance, tax collection and budgeting$18 thousand
Parks, recreation and libraries
7.1%$198 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$198 thousand
Interest on debt
5.9%$166 thousand
Sent to other local governments
2.7%$75 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$75 thousand
Sources and moreWhere these numbers come from and what they cover

Village of New London. 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 New London 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.