Town government · Botetourt County, VA

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

In the latest recorded fiscal year (ended June 30, 2022), Buchanan took in $1.1 million and spent $1.1 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, sewer)52%Town taxes40%Fines and other7.7%

What stands out

13%

of Buchanan's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Town taxes40%

Property tax
21%$227 thousand
Other taxes
13%$139 thousand
What's in other taxesOccupation and business licenses; real estate and stock transfer taxes and 2 more
  • Occupation and business licenses$60 thousand
  • Real estate and stock transfer taxes$48 thousand
  • Public utility taxes$30 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Sales tax
5.5%$58 thousand

Fees for services52%

Fees for services
52%$558 thousand
What's in fees for servicesWater and sewer
  • Water$386 thousand
  • Sewer$172 thousand

Amounts are by Census type of charge.

Fines and other7.7%

Interest, rents and other
6.8%$72 thousand
Fines
0.9%$10 thousand

Where it goes

Water, sewer, trash and utilities41%Running the government and other costs21%Roads, transit and parking12%Housing and community development11%Police, fire, courts and jails9.0%All other spending6.1%

What stands out

11%

of Buchanan's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
41%$459 thousand
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$227 thousand
  • Garbage and solid waste$125 thousand
  • Water supply$107 thousand
Running the government and other costs
21%$234 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$134 thousand
  • Finance, tax collection and budgeting$68 thousand
  • Other and not broken out$24 thousand
  • Government buildings$8 thousand
Roads, transit and parking
12%$134 thousand
What's in roads, transit and parkingToll roads and bridges and roads and highways
  • Toll roads and bridges$97 thousand
  • Roads and highways$37 thousand
Housing and community development
11%$120 thousand
Police, fire, courts and jails
9.0%$100 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$67 thousand
  • Fire protection$33 thousand
Interest on debt
4.6%$51 thousand
Parks, recreation and libraries
1.5%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Buchanan. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Buchanan 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.