Township government · Erie County, PA

Waterford Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Waterford Township took in $1.8 million and spent $1.7 million.

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

See every government that serves your ZIP

Where it comes from

Township taxes54%State tax money26%Federal tax money12%County and local tax money5.9%Fines and other2.0%Fees for services (sewer, road charges)1.3%

What stands out

25%

of Waterford Township's money comes from a personal income tax.Most U.S. townships and towns of under 10,000 people get none.

Township taxes54%

Individual income tax
25%$458 thousand
Property tax
25%$447 thousand
Other taxes
3.3%$59 thousand
What's in other taxesReal estate and stock transfer taxes and occupation and business licenses
  • Real estate and stock transfer taxes$51 thousand
  • Occupation and business licenses$8 thousand

Amounts are by Census tax category.

Fees for services1.3%

Fees for services
1.3%$23 thousand
What's in fees for servicesOther service charges; sewer and 1 more
  • Other service charges$14 thousand
  • Sewer$6 thousand
  • Road charges$3 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$212 thousand

State tax money26%

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

From the state
26%$460 thousand

County and local tax money5.9%

Money passed on by the county or other local governments.

From the county and other local governments
5.9%$106 thousand

Fines and other2.0%

Interest, rents and other
1.8%$33 thousand
Fines
0.2%$3 thousand

Where it goes

Roads, transit and parking69%Running the government and other costs22%Police, fire, courts and jails6.6%Parks, recreation and libraries1.6%Water, sewer, trash and utilities0.2%

What stands out

69%

of Waterford Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
69%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Running the government and other costs
22%$387 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$178 thousand
  • Central staff services (personnel, purchasing, technology)$99 thousand
  • Government buildings$60 thousand
  • Finance, tax collection and budgeting$50 thousand
Police, fire, courts and jails
6.6%$114 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$86 thousand
  • Courts and legal services$28 thousand
Parks, recreation and libraries
1.6%$28 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$25 thousand
  • Libraries$3 thousand
Water, sewer, trash and utilities
0.2%$3 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$3 thousand
Sources and moreWhere these numbers come from and what they cover

Waterford Township. 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 Waterford Township 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.