Town government · Madison County, VA

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

In the latest recorded fiscal year (ended June 30, 2022), Madison took in $168 thousand and spent $11 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (electric power)77%Town taxes23%

What stands out

77%

of Madison's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes23%

Property tax
19%$32 thousand
Other taxes
4.2%$7 thousand
What's in other taxesMotor vehicle licenses; occupation and business licenses and 1 more
  • Motor vehicle licenses$4 thousand
  • Occupation and business licenses$2 thousand
  • Tobacco taxes$1 thousand

Amounts are by Census tax category.

Fees for services77%

Fees for services
77%$129 thousand
What's in fees for servicesOther service charges and electric power
  • Other service charges$125 thousand
  • Electric power$4 thousand

Amounts are by Census type of charge.

Where it goes

Running the government and other costs82%Parks, recreation and libraries18%

What stands out

82%

of Madison'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
82%$9 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$9 thousand
Parks, recreation and libraries
18%$2 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Madison. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Madison 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.