Borough government · Beaver County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Georgetown took in $94 thousand and spent $60 thousand.

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

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Where it comes from

Borough taxes79%State tax money13%Federal tax money8.5%

What stands out

66%

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

Borough taxes79%

Individual income tax
66%$62 thousand
Property tax
6.4%$6 thousand
Other taxes
6.4%$6 thousand
What's in other taxesPublic utility licenses; occupation and business licenses and 1 more
  • Public utility licenses$3 thousand
  • Occupation and business licenses$2 thousand
  • Real estate and stock transfer taxes$1 thousand

Amounts are by Census tax category.

Federal tax money8.5%

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

From the federal government
8.5%$8 thousand

State tax money13%

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

From the state
13%$12 thousand

Where it goes

Roads, transit and parking67%Running the government and other costs25%Police, fire, courts and jails5.0%Parks, recreation and libraries3.3%

What stands out

67%

of Georgetown's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
67%$40 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$40 thousand
Running the government and other costs
25%$15 thousand
What's in running the government and other costsOther and not broken out; government buildings and 3 more
  • Other and not broken out$7 thousand
  • Government buildings$3 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
  • Other government-run businesses$2 thousand
  • Finance, tax collection and budgeting$1 thousand
Police, fire, courts and jails
5.0%$3 thousand
What's in police, fire, courts and jailsCourts and legal services and fire protection
  • Courts and legal services$2 thousand
  • Fire protection$1 thousand
Parks, recreation and libraries
3.3%$2 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Georgetown. 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 Georgetown 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.