Borough government · Wyoming County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Laceyville took in $309 thousand and spent $179 thousand.

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

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Where it comes from

Borough taxes37%Fines and other26%Fees for services (water)25%State tax money6.5%Federal tax money5.8%County and local tax money0.3%

What stands out

25%

of Laceyville's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Borough taxes37%

Property tax
24%$75 thousand
Individual income tax
10%$32 thousand
Other taxes
1.9%$6 thousand
What's in other taxesReal estate and stock transfer taxes
  • Real estate and stock transfer taxes$6 thousand

Amounts are by Census tax category.

Fees for services25%

Fees for services
25%$78 thousand
What's in fees for servicesWater
  • Water$78 thousand

Amounts are by Census type of charge.

Federal tax money5.8%

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

From the federal government
5.8%$18 thousand

State tax money6.5%

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

From the state
6.5%$20 thousand

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$1 thousand

Fines and other26%

Interest, rents and other
25%$78 thousand
Fines
0.3%$1 thousand

Where it goes

Water, sewer, trash and utilities44%Running the government and other costs25%Roads, transit and parking21%Parks, recreation and libraries8.4%Health and hospitals1.1%All other spending1.1%

What stands out

21%

of Laceyville'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%

Water, sewer, trash and utilities
44%$79 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$77 thousand
  • Garbage and solid waste$2 thousand
Running the government and other costs
25%$44 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$21 thousand
  • Central staff services (personnel, purchasing, technology)$16 thousand
  • Finance, tax collection and budgeting$5 thousand
  • Government buildings$2 thousand
Roads, transit and parking
21%$37 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$37 thousand
Parks, recreation and libraries
8.4%$15 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$14 thousand
  • Libraries$1 thousand
Health and hospitals
1.1%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Police, fire, courts and jails
0.6%$1 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$1 thousand
Housing and community development
0.6%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Laceyville. 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 Laceyville 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.