Town government · Lexington County, SC

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

In the latest recorded fiscal year (ended December 31, 2021), Swansea took in $1.7 million and spent $518 thousand.

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

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Where it comes from

Fees for services (water, sewer)47%Town taxes32%Federal tax money14%County and local tax money6.0%

What stands out

14%

of Swansea's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes32%

Property tax
23%$376 thousand
Other taxes
9.5%$157 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$98 thousand
  • Other licenses$59 thousand

Amounts are by Census tax category.

Fees for services47%

Fees for services
47%$781 thousand
What's in fees for servicesWater and sewer
  • Water$670 thousand
  • Sewer$111 thousand

Amounts are by Census type of charge.

Federal tax money14%

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

From the federal government
14%$239 thousand

County and local tax money6.0%

Money passed on by the county or other local governments.

From the county and other local governments
6.0%$99 thousand

Where it goes

Water, sewer, trash and utilities42%Interest on debt20%Police, fire, courts and jails19%Running the government and other costs19%

What stands out

20%

of Swansea's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
42%$217 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$179 thousand
  • Garbage and solid waste$38 thousand
Interest on debt
20%$103 thousand
Police, fire, courts and jails
19%$101 thousand
What's in police, fire, courts and jailsCourts and legal services and police
  • Courts and legal services$69 thousand
  • Police$32 thousand
Running the government and other costs
19%$97 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$41 thousand
  • Central staff services (personnel, purchasing, technology)$36 thousand
  • Finance, tax collection and budgeting$20 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Swansea. 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 Town of Swansea 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.