Borough government · Montgomery County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Schwenksville took in $914 thousand and spent $1.2 million.

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

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Where it comes from

Borough taxes74%County and local tax money12%Federal tax money7.9%State tax money5.0%Fines and other1.1%

What stands out

19%

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

Borough taxes74%

Property tax
41%$373 thousand
Individual income tax
19%$170 thousand
Other taxes
15%$135 thousand
What's in other taxesReal estate and stock transfer taxes; occupation and business licenses and 1 more
  • Real estate and stock transfer taxes$57 thousand
  • Occupation and business licenses$46 thousand
  • Public utility licenses$32 thousand

Amounts are by Census tax category.

Federal tax money7.9%

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

From the federal government
7.9%$72 thousand

State tax money5.0%

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

From the state
5.0%$46 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$108 thousand

Fines and other1.1%

Interest, rents and other
0.7%$6 thousand
Fines
0.4%$4 thousand

Where it goes

Running the government and other costs50%Roads, transit and parking25%Police, fire, courts and jails14%Housing and community development7.2%Interest on debt2.0%All other spending1.9%

What stands out

50%

of Schwenksville's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
50%$616 thousand
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 2 more
  • Government buildings$261 thousand
  • Central staff services (personnel, purchasing, technology)$182 thousand
  • Other and not broken out$134 thousand
  • Finance, tax collection and budgeting$39 thousand
Roads, transit and parking
25%$310 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$310 thousand
Police, fire, courts and jails
14%$177 thousand
What's in police, fire, courts and jailsInspections and regulation; courts and legal services and 1 more
  • Inspections and regulation$83 thousand
  • Courts and legal services$64 thousand
  • Fire protection$30 thousand
Housing and community development
7.2%$90 thousand
Interest on debt
2.0%$25 thousand
Parks, recreation and libraries
1.4%$17 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$12 thousand
  • Libraries$5 thousand
Water, sewer, trash and utilities
0.6%$7 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$7 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Schwenksville. 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 Schwenksville 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.