Township government · Potter County, PA

Abbott Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Abbott Township took in $412 thousand and spent $522 thousand.

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

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Where it comes from

State tax money50%County and local tax money18%Township taxes16%Fees for services (sewer, garbage collection)11%Federal tax money2.9%Fines and other1.7%

What stands out

18%

of Abbott Township's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes16%

Property tax
11%$44 thousand
Individual income tax
3.2%$13 thousand
Other taxes
1.9%$8 thousand
What's in other taxesReal estate and stock transfer taxes
  • Real estate and stock transfer taxes$8 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$47 thousand
What's in fees for servicesSewer; garbage collection and 1 more
  • Sewer$24 thousand
  • Garbage collection$20 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

Federal tax money2.9%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.9%$12 thousand

State tax money50%

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

From the state
50%$207 thousand

County and local tax money18%

Money passed on by the county or other local governments.

From the county and other local governments
18%$74 thousand

Fines and other1.7%

Interest, rents and other
1.2%$5 thousand
Fines
0.5%$2 thousand

Where it goes

Roads, transit and parking74%Running the government and other costs15%Water, sewer, trash and utilities9.8%Police, fire, courts and jails1.5%

What stands out

10%

of Abbott Township's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
74%$385 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$385 thousand
Running the government and other costs
15%$78 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$25 thousand
  • Central staff services (personnel, purchasing, technology)$24 thousand
  • Government buildings$23 thousand
  • Finance, tax collection and budgeting$6 thousand
Water, sewer, trash and utilities
9.8%$51 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$32 thousand
  • Garbage and solid waste$19 thousand
Police, fire, courts and jails
1.5%$8 thousand
What's in police, fire, courts and jailsInspections and regulation; fire protection and 1 more
  • Inspections and regulation$4 thousand
  • Fire protection$2 thousand
  • Courts and legal services$2 thousand
Sources and moreWhere these numbers come from and what they cover

Abbott Township. 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 Abbott Township 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.