Town government · Rockbridge County, VA

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

In the latest recorded fiscal year (ended June 30, 2022), Glasgow took in $991 thousand and spent $1.4 million.

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

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Where it comes from

Town taxes45%Fees for services (sewer, water)38%State tax money14%Fines and other2.8%

What stands out

9.1%

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

Town taxes45%

Property tax
27%$270 thousand
Sales tax
9.1%$90 thousand
Other taxes
8.8%$87 thousand
What's in other taxesPublic utility taxes; motor vehicle licenses and 1 more
  • Public utility taxes$48 thousand
  • Motor vehicle licenses$28 thousand
  • Public utility licenses$11 thousand

Amounts are by Census tax category.

Fees for services38%

Fees for services
38%$378 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$255 thousand
  • Water$108 thousand
  • Garbage collection$15 thousand

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$138 thousand

Fines and other2.8%

Fines
2.6%$26 thousand
Interest, rents and other
0.2%$2 thousand

Where it goes

Running the government and other costs46%Water, sewer, trash and utilities36%Police, fire, courts and jails13%Parks, recreation and libraries5.1%

What stands out

46%

of Glasgow's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
46%$620 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$374 thousand
  • Finance, tax collection and budgeting$236 thousand
  • Central staff services (personnel, purchasing, technology)$10 thousand
Water, sewer, trash and utilities
36%$496 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$383 thousand
  • Water supply$78 thousand
  • Garbage and solid waste$35 thousand
Police, fire, courts and jails
13%$174 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$118 thousand
  • Fire protection$40 thousand
  • Courts and legal services$16 thousand
Parks, recreation and libraries
5.1%$69 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$48 thousand
  • Libraries$21 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Glasgow. 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 Glasgow 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.