Town government · Saluda County, SC

Ridge Spring's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Ridge Spring took in $1.8 million and spent $1.8 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)66%Town taxes26%Fines and other7.0%Federal tax money0.4%State tax money0.4%

What stands out

66%

of Ridge Spring's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes26%

Property tax
15%$266 thousand
Other taxes
10%$183 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$183 thousand

Amounts are by Census tax category.

Sales tax
1.0%$18 thousand

Fees for services66%

Fees for services
66%$1.2 million
What's in fees for servicesWater and sewer
  • Water$1.0 million
  • Sewer$145 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$7 thousand

State tax money0.4%

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

From the state
0.4%$7 thousand

Fines and other7.0%

Interest, rents and other
7.0%$125 thousand

Where it goes

Water, sewer, trash and utilities72%Police, fire, courts and jails14%Running the government and other costs12%Interest on debt2.0%

What stands out

72%

of Ridge Spring's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
72%$1.3 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$1.2 million
  • Garbage and solid waste$58 thousand
Police, fire, courts and jails
14%$262 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$162 thousand
  • Fire protection$100 thousand
Running the government and other costs
12%$216 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$216 thousand
Interest on debt
2.0%$36 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Ridge Spring. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Ridge Spring 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.