Borough government · Wyoming County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Nicholson took in $274 thousand and spent $184 thousand.

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

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Where it comes from

Borough taxes69%State tax money14%Federal tax money14%Fines and other1.8%Fees for services (road charges, garbage collection)0.7%County and local tax money0.7%

What stands out

26%

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

Borough taxes69%

Property tax
39%$106 thousand
Individual income tax
26%$70 thousand
Other taxes
4.7%$13 thousand
What's in other taxesReal estate and stock transfer taxes and public utility licenses
  • Real estate and stock transfer taxes$8 thousand
  • Public utility licenses$5 thousand

Amounts are by Census tax category.

Fees for services0.7%

Fees for services
0.7%$2 thousand
What's in fees for servicesRoad charges and garbage collection
  • Road charges$1 thousand
  • Garbage collection$1 thousand

Amounts are by Census type of charge.

Federal tax money14%

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

From the federal government
14%$37 thousand

State tax money14%

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

From the state
14%$39 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$2 thousand

Fines and other1.8%

Fines
1.5%$4 thousand
Interest, rents and other
0.4%$1 thousand

Where it goes

Police, fire, courts and jails41%Roads, transit and parking27%Running the government and other costs26%Water, sewer, trash and utilities3.3%Parks, recreation and libraries1.6%Interest on debt1.1%

What stands out

41%

of Nicholson's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
41%$76 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$50 thousand
  • Fire protection$15 thousand
  • Courts and legal services$11 thousand
Roads, transit and parking
27%$50 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$50 thousand
Running the government and other costs
26%$47 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$15 thousand
  • Central staff services (personnel, purchasing, technology)$14 thousand
  • Finance, tax collection and budgeting$13 thousand
  • Government buildings$5 thousand
Water, sewer, trash and utilities
3.3%$6 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$6 thousand
Parks, recreation and libraries
1.6%$3 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$3 thousand
Interest on debt
1.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Nicholson. 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 Nicholson 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.