Town government · Russell County, VA
Honaker's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Honaker took in $1.0 million and spent $646 thousand.
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Where it comes from
What stands out
of Honaker'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 taxes33%
What's in other taxesTobacco taxes; occupation and business licenses and 1 more
- Tobacco taxes$94 thousand
- Occupation and business licenses$43 thousand
- Public utility taxes$38 thousand
Amounts are by Census tax category.
Fees for services67%
What's in fees for servicesWater; sewer and 1 more
- Water$293 thousand
- Sewer$271 thousand
- Garbage collection$135 thousand
Amounts are by Census type of charge.
Where it goes
What stands out
of Honaker's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.
Spending by category100%
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
- Sewer systems$97 thousand
- Garbage and solid waste$89 thousand
- Water supply$89 thousand
What's in police, fire, courts and jailsPolice and fire protection
- Police$186 thousand
- Fire protection$26 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
- Finance, tax collection and budgeting$108 thousand
- Central staff services (personnel, purchasing, technology)$13 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$12 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Honaker. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.
What this covers. The money of Town of Honaker 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.