Borough government · Potter County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Galeton took in $1.5 million and spent $1.1 million.

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

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Where it comes from

Fees for services (sewer, water)55%Borough taxes28%State tax money12%Federal tax money3.8%Fines and other1.1%County and local tax money0.5%

What stands out

5.2%

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

Borough taxes28%

Property tax
21%$313 thousand
Individual income tax
5.2%$77 thousand
Other taxes
1.8%$27 thousand
What's in other taxesReal estate and stock transfer taxes; occupation and business licenses and 1 more
  • Real estate and stock transfer taxes$17 thousand
  • Occupation and business licenses$6 thousand
  • Public utility licenses$4 thousand

Amounts are by Census tax category.

Fees for services55%

Fees for services
55%$820 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$485 thousand
  • Water$327 thousand
  • Other service charges$7 thousand
  • Garbage collection$1 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

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

From the federal government
3.8%$56 thousand

State tax money12%

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

From the state
12%$174 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$8 thousand

Fines and other1.1%

Interest, rents and other
0.7%$10 thousand
Fines
0.4%$6 thousand

Where it goes

Water, sewer, trash and utilities35%Running the government and other costs25%Police, fire, courts and jails16%Roads, transit and parking15%Parks, recreation and libraries8.8%All other spending0.2%

What stands out

8.8%

of Galeton's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
35%$402 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$263 thousand
  • Water supply$137 thousand
  • Garbage and solid waste$2 thousand
Running the government and other costs
25%$292 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$140 thousand
  • Finance, tax collection and budgeting$102 thousand
  • Central staff services (personnel, purchasing, technology)$32 thousand
  • Government buildings$18 thousand
Police, fire, courts and jails
16%$182 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$158 thousand
  • Fire protection$24 thousand
Roads, transit and parking
15%$169 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$169 thousand
Parks, recreation and libraries
8.8%$101 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$97 thousand
  • Libraries$4 thousand
Health and hospitals
<0.1%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Interest on debt
<0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Galeton. 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 Borough of Galeton 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.