Village government · Lorain County, OH

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

In the latest recorded fiscal year (ended December 31, 2023), Sheffield took in $10.6 million and spent $7.8 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Village taxes69%Fees for services (sewer, water)20%Fines and other10%County and local tax money0.8%State tax money0.2%

What stands out

47%

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

Village taxes69%

Individual income tax
47%$5.0 million
Business income tax
10%$1.1 million
Property tax
6.6%$701 thousand
Other taxes
4.5%$477 thousand
What's in other taxesMotor fuel taxes; other selective sales taxes and 2 more
  • Motor fuel taxes$315 thousand
  • Other selective sales taxes$93 thousand
  • Public utility taxes$58 thousand
  • Alcoholic beverage taxes$11 thousand

Amounts are by Census tax category.

Fees for services20%

Fees for services
20%$2.1 million
What's in fees for servicesSewer; water and 1 more
  • Sewer$1.2 million
  • Water$924 thousand
  • Other government-run businesses$27 thousand

Amounts are by Census type of charge.

State tax money0.2%

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

From the state
0.2%$16 thousand

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$88 thousand

Fines and other10%

Interest, rents and other
7.0%$742 thousand
Fines
3.1%$329 thousand

Where it goes

Police, fire, courts and jails71%Water, sewer, trash and utilities21%Running the government and other costs6.8%Parks, recreation and libraries0.4%Interest on debt0.3%Roads, transit and parking0.2%

What stands out

71%

of Sheffield'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
71%$5.5 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$2.7 million
  • Police$2.5 million
  • Courts and legal services$186 thousand
  • Inspections and regulation$120 thousand
Water, sewer, trash and utilities
21%$1.7 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$838 thousand
  • Water supply$784 thousand
  • Garbage and solid waste$32 thousand
Running the government and other costs
6.8%$527 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$258 thousand
  • Government buildings$144 thousand
  • Finance, tax collection and budgeting$125 thousand
Parks, recreation and libraries
0.4%$30 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$30 thousand
Interest on debt
0.3%$20 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$13 thousand
  • Interest on water supply debt$7 thousand
Roads, transit and parking
0.2%$17 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$17 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Sheffield. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Village of Sheffield 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.