Village government · Summit County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Peninsula took in $1.6 million and spent $1.4 million.

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

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Where it comes from

Village taxes68%Fines and other25%County and local tax money6.3%Fees for services0.4%

What stands out

54%

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

Village taxes68%

Individual income tax
54%$897 thousand
Property tax
11%$181 thousand
Other taxes
2.9%$48 thousand
What's in other taxesMotor vehicle licenses and alcoholic beverage licenses
  • Motor vehicle licenses$40 thousand
  • Alcoholic beverage licenses$8 thousand

Amounts are by Census tax category.

Fees for services0.4%

Fees for services
0.4%$7 thousand
What's in fees for servicesOther government-run businesses
  • Other government-run businesses$7 thousand

Amounts are by Census type of charge.

County and local tax money6.3%

Money passed on by the county or other local governments.

From the county and other local governments
6.3%$104 thousand

Fines and other25%

Interest, rents and other
22%$360 thousand
Fines
3.2%$52 thousand

Where it goes

Police, fire, courts and jails59%Running the government and other costs24%Roads, transit and parking16%Water, sewer, trash and utilities0.9%Health and hospitals0.8%

What stands out

59%

of Peninsula'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
59%$850 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$762 thousand
  • Courts and legal services$88 thousand
Running the government and other costs
24%$338 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$128 thousand
  • Finance, tax collection and budgeting$82 thousand
  • Government buildings$75 thousand
  • Other and not broken out$53 thousand
Roads, transit and parking
16%$223 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$223 thousand
Water, sewer, trash and utilities
0.9%$13 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$13 thousand
Health and hospitals
0.8%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Peninsula. 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 Peninsula 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.