Borough government · Montgomery County, PA

North Wales's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), North Wales took in $2.0 million and spent $3.2 million.

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

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Where it comes from

Borough taxes79%State tax money8.8%Fines and other6.5%Fees for services4.7%County and local tax money0.6%

What stands out

27%

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

Borough taxes79%

Property tax
41%$845 thousand
Individual income tax
27%$559 thousand
Other taxes
11%$222 thousand
What's in other taxesReal estate and stock transfer taxes; occupation and business licenses and 1 more
  • Real estate and stock transfer taxes$93 thousand
  • Occupation and business licenses$70 thousand
  • Public utility licenses$59 thousand

Amounts are by Census tax category.

Fees for services4.7%

Fees for services
4.7%$96 thousand
What's in fees for servicesOther service charges
  • Other service charges$96 thousand

Amounts are by Census type of charge.

State tax money8.8%

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

From the state
8.8%$181 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$12 thousand

Fines and other6.5%

Interest, rents and other
5.7%$116 thousand
Fines
0.8%$17 thousand

Where it goes

Roads, transit and parking43%Police, fire, courts and jails28%Running the government and other costs23%Parks, recreation and libraries2.5%Interest on debt2.5%Housing and community development0.4%

What stands out

43%

of North Wales' 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
43%$1.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.4 million
Police, fire, courts and jails
28%$891 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$698 thousand
  • Fire protection$121 thousand
  • Courts and legal services$47 thousand
  • Inspections and regulation$25 thousand
Running the government and other costs
23%$735 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$350 thousand
  • Central staff services (personnel, purchasing, technology)$199 thousand
  • Finance, tax collection and budgeting$104 thousand
  • Government buildings$82 thousand
Parks, recreation and libraries
2.5%$80 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$45 thousand
  • Libraries$35 thousand
Interest on debt
2.5%$80 thousand
Housing and community development
0.4%$13 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of North Wales. 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 North Wales 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.