Borough government · Venango County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Polk took in $492 thousand and spent $451 thousand.

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

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Where it comes from

Fees for services (sewer)43%Borough taxes29%County and local tax money13%Federal tax money8.1%State tax money7.3%

What stands out

13%

of Polk's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Borough taxes29%

Property tax
11%$56 thousand
Other taxes
9.3%$46 thousand
What's in other taxesOccupation and business licenses; real estate and stock transfer taxes and 1 more
  • Occupation and business licenses$31 thousand
  • Real estate and stock transfer taxes$11 thousand
  • Public utility licenses$4 thousand

Amounts are by Census tax category.

Individual income tax
7.9%$39 thousand

Fees for services43%

Fees for services
43%$210 thousand
What's in fees for servicesSewer and other service charges
  • Sewer$116 thousand
  • Other service charges$94 thousand

Amounts are by Census type of charge.

Federal tax money8.1%

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

From the federal government
8.1%$40 thousand

State tax money7.3%

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

From the state
7.3%$36 thousand

County and local tax money13%

Money passed on by the county or other local governments.

From the county and other local governments
13%$65 thousand

Where it goes

Running the government and other costs35%Police, fire, courts and jails31%Roads, transit and parking19%Water, sewer, trash and utilities15%

What stands out

31%

of Polk'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%

Running the government and other costs
35%$157 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$95 thousand
  • Central staff services (personnel, purchasing, technology)$28 thousand
  • Finance, tax collection and budgeting$17 thousand
  • Government buildings$17 thousand
Police, fire, courts and jails
31%$139 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$136 thousand
  • Fire protection$3 thousand
Roads, transit and parking
19%$87 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$87 thousand
Water, sewer, trash and utilities
15%$68 thousand
What's in water, sewer, trash and utilitiesSewer systems; electric power and 1 more
  • Sewer systems$63 thousand
  • Electric power$4 thousand
  • Garbage and solid waste$1 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Polk. 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 Polk 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.