Borough government · Beaver County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Homewood took in $55 thousand and spent $53 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Borough taxes65%State tax money25%Fees for services7.3%Fines and other1.8%

What stands out

25%

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

Borough taxes65%

Property tax
31%$17 thousand
Individual income tax
25%$14 thousand
Other taxes
9.1%$5 thousand
What's in other taxesOccupation and business licenses; real estate and stock transfer taxes and 1 more
  • Occupation and business licenses$2 thousand
  • Real estate and stock transfer taxes$2 thousand
  • Public utility licenses$1 thousand

Amounts are by Census tax category.

Fees for services7.3%

Fees for services
7.3%$4 thousand
What's in fees for servicesOther service charges
  • Other service charges$4 thousand

Amounts are by Census type of charge.

State tax money25%

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

From the state
25%$14 thousand

Fines and other1.8%

Fines
1.8%$1 thousand

Where it goes

Roads, transit and parking42%Running the government and other costs38%Water, sewer, trash and utilities15%Parks, recreation and libraries3.8%Police, fire, courts and jails1.9%

What stands out

42%

of Homewood'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
42%$22 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$22 thousand
Running the government and other costs
38%$20 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$11 thousand
  • Other and not broken out$9 thousand
Water, sewer, trash and utilities
15%$8 thousand
What's in water, sewer, trash and utilitiesElectric power; garbage and solid waste and 2 more
  • Electric power$4 thousand
  • Garbage and solid waste$2 thousand
  • Water supply$1 thousand
  • Gas supply$1 thousand
Parks, recreation and libraries
3.8%$2 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2 thousand
Police, fire, courts and jails
1.9%$1 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$1 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Homewood. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Borough of Homewood 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.