Town government · Charlotte County, VA

Drakes Branch's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Drakes Branch took in $1.4 million and spent $9.5 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Federal tax money52%Fees for services (sewer, water)19%Town taxes14%Fines and other11%State tax money4.9%

Town taxes14%

Property tax
7.5%$102 thousand
Other taxes
4.6%$62 thousand
What's in other taxesReal estate and stock transfer taxes; public utility taxes and 2 more
  • Real estate and stock transfer taxes$34 thousand
  • Public utility taxes$18 thousand
  • Motor vehicle licenses$7 thousand
  • Other taxes not classified elsewhere$3 thousand

Amounts are by Census tax category.

Sales tax
1.6%$21 thousand

Fees for services19%

Fees for services
19%$257 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$150 thousand
  • Water$98 thousand
  • Other service charges$9 thousand

Amounts are by Census type of charge.

Federal tax money52%

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

From the federal government
52%$702 thousand

State tax money4.9%

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

From the state
4.9%$66 thousand

Fines and other11%

Interest, rents and other
8.6%$116 thousand
Fines
2.0%$27 thousand

Where it goes

Water, sewer, trash and utilities97%Running the government and other costs1.3%Police, fire, courts and jails1.0%Roads, transit and parking0.8%Interest on debt<0.1%

What stands out

97%

of Drakes Branch'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
97%$9.2 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$9.1 million
  • Water supply$102 thousand
Running the government and other costs
1.3%$125 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$125 thousand
Police, fire, courts and jails
1.0%$92 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$50 thousand
  • Fire protection$42 thousand
Roads, transit and parking
0.8%$76 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$76 thousand
Interest on debt
<0.1%$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Drakes Branch. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Drakes Branch 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.