Town government · Orleans County, VT

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

In the latest recorded fiscal year (ended December 31, 2021), Albany took in $2.3 million and spent $2.1 million.

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

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Where it comes from

Town taxes84%State tax money15%Fees for services (garbage collection)0.7%

What stands out

84%

of Albany's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Town taxes84%

Property tax
84%$1.9 million

Fees for services0.7%

Fees for services
0.7%$17 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$17 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$354 thousand

Where it goes

Running the government and other costs74%Roads, transit and parking23%Water, sewer, trash and utilities1.3%Police, fire, courts and jails0.7%Interest on debt0.4%

What stands out

74%

of Albany's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.

Spending by category100%

Running the government and other costs
74%$1.6 million
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$1.6 million
Roads, transit and parking
23%$501 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$501 thousand
Water, sewer, trash and utilities
1.3%$28 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$28 thousand
Police, fire, courts and jails
0.7%$14 thousand
What's in police, fire, courts and jailsPolice
  • Police$14 thousand
Interest on debt
0.4%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Albany. 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 Albany 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.