City government · Medina County, OH

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

In the latest recorded fiscal year (ended December 31, 2023), Wadsworth took in $82.3 million and spent $74.0 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)67%City taxes22%Fines and other8.5%State tax money2.8%

What stands out

16%

of Wadsworth's money comes from a personal income tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes22%

Individual income tax
16%$13.1 million
Property tax
5.3%$4.4 million
Other taxes
0.7%$612 thousand
What's in other taxesOther licenses
  • Other licenses$612 thousand

Amounts are by Census tax category.

Fees for services67%

Fees for services
67%$54.9 million
What's in fees for servicesElectric power; other government-run businesses and 6 more
  • Electric power$34.3 million
  • Other government-run businesses$6.1 million
  • Sewer$5.3 million
  • Water$3.6 million
  • Garbage collection$2.9 million
  • Other service charges$2.3 million
  • Road charges$354 thousand
  • Parks and recreation$163 thousand

Amounts are by Census type of charge.

State tax money2.8%

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

From the state
2.8%$2.3 million

Fines and other8.5%

Interest, rents and other
6.9%$5.7 million
Fines
1.5%$1.3 million

Where it goes

Water, sewer, trash and utilities62%Police, fire, courts and jails13%Running the government and other costs12%Roads, transit and parking6.6%Parks, recreation and libraries2.5%All other spending3.1%

What stands out

62%

of Wadsworth's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
62%$46.0 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$35.0 million
  • Sewer systems$4.2 million
  • Water supply$4.1 million
  • Garbage and solid waste$2.8 million
Police, fire, courts and jails
13%$9.9 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$6.2 million
  • Fire protection$2.1 million
  • Courts and legal services$1.6 million
Running the government and other costs
12%$9.1 million
What's in running the government and other costsOther government-run businesses; other and not broken out and 2 more
  • Other government-run businesses$6.1 million
  • Other and not broken out$1.5 million
  • Finance, tax collection and budgeting$1.0 million
  • Central staff services (personnel, purchasing, technology)$407 thousand
Roads, transit and parking
6.6%$4.9 million
What's in roads, transit and parkingRoads and highways; parking and 1 more
  • Roads and highways$4.8 million
  • Parking$76 thousand
  • Airports$33 thousand
Parks, recreation and libraries
2.5%$1.8 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.8 million
Interest on debt
1.8%$1.3 million
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
  • Interest on general debt$937 thousand
  • Interest on water supply debt$287 thousand
  • Interest on electric power debt$72 thousand
Sent to other local governments
0.9%$702 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$702 thousand
Health and hospitals
0.3%$196 thousand
What's in health and hospitalsPublic health
  • Public health$196 thousand
Housing and community development
<0.1%$66 thousand
Sources and moreWhere these numbers come from and what they cover

City of Wadsworth. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Wadsworth 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.