Borough government · Clearfield County, PA
Wallaceton's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Wallaceton took in $68 thousand and spent $61 thousand.
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Where it comes from
What stands out
of Wallaceton's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.
Borough taxes75%
State tax money25%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Wallaceton'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%
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$18 thousand
- Central staff services (personnel, purchasing, technology)$6 thousand
- Finance, tax collection and budgeting$2 thousand
- Government buildings$2 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$28 thousand
What's in police, fire, courts and jailsFire protection
- Fire protection$3 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
- Garbage and solid waste$2 thousand
Sources and moreWhere these numbers come from and what they cover
Borough of Wallaceton. 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 Wallaceton 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.