Village government · Meigs County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Racine took in $1.2 million and spent $1.2 million.

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

See every government that serves your ZIP

Where it comes from

Fines and other33%Fees for services (water, garbage collection)30%State tax money24%Village taxes13%

What stands out

33%

of Racine'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 taxes13%

Property tax
6.7%$80 thousand
Other taxes
3.9%$47 thousand
What's in other taxesMotor fuel taxes and motor vehicle licenses
  • Motor fuel taxes$37 thousand
  • Motor vehicle licenses$10 thousand

Amounts are by Census tax category.

Sales tax
2.4%$28 thousand

Fees for services30%

Fees for services
30%$355 thousand
What's in fees for servicesWater; garbage collection and 2 more
  • Water$208 thousand
  • Garbage collection$138 thousand
  • Other government-run businesses$7 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$283 thousand

Fines and other33%

Interest, rents and other
33%$389 thousand
Fines
0.7%$8 thousand

Where it goes

Running the government and other costs67%Water, sewer, trash and utilities22%Interest on debt4.1%Police, fire, courts and jails3.5%Parks, recreation and libraries3.3%Roads, transit and parking0.3%

What stands out

67%

of Racine's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
67%$803 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 1 more
  • Finance, tax collection and budgeting$734 thousand
  • Government buildings$65 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
Water, sewer, trash and utilities
22%$261 thousand
What's in water, sewer, trash and utilitiesWater supply; electric power and 1 more
  • Water supply$227 thousand
  • Electric power$29 thousand
  • Gas supply$5 thousand
Interest on debt
4.1%$49 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$31 thousand
  • Interest on general debt$18 thousand
Police, fire, courts and jails
3.5%$42 thousand
What's in police, fire, courts and jailsCourts and legal services and police
  • Courts and legal services$24 thousand
  • Police$18 thousand
Parks, recreation and libraries
3.3%$39 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$39 thousand
Roads, transit and parking
0.3%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Racine. 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 Village of Racine 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.