Town government · Shenandoah County, VA

New Market's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), New Market took in $5.7 million and spent $4.2 million.

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

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Where it comes from

Fees for services (sewer, water)39%Town taxes25%Federal tax money20%State tax money14%Fines and other1.3%

What stands out

20%

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

Town taxes25%

Other taxes
18%$1.0 million
What's in other taxesOther selective sales taxes; tobacco taxes and 5 more
  • Other selective sales taxes$809 thousand
  • Tobacco taxes$94 thousand
  • Occupation and business licenses$53 thousand
  • Public utility taxes$47 thousand
  • Motor vehicle licenses$39 thousand
  • Other licenses$3 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Property tax
6.8%$393 thousand

Fees for services39%

Fees for services
39%$2.3 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$1.1 million
  • Water$975 thousand
  • Garbage collection$146 thousand
  • Parks and recreation$67 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money20%

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

From the federal government
20%$1.2 million

State tax money14%

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

From the state
14%$814 thousand

Fines and other1.3%

Interest, rents and other
1.1%$65 thousand
Fines
0.1%$7 thousand

Where it goes

Water, sewer, trash and utilities36%Running the government and other costs28%Roads, transit and parking16%Police, fire, courts and jails15%Parks, recreation and libraries3.1%Interest on debt2.5%

What stands out

16%

of New Market's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
36%$1.5 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$775 thousand
  • Sewer systems$580 thousand
  • Garbage and solid waste$160 thousand
Running the government and other costs
28%$1.2 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$633 thousand
  • Central staff services (personnel, purchasing, technology)$336 thousand
  • Other and not broken out$210 thousand
Roads, transit and parking
16%$682 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$682 thousand
Police, fire, courts and jails
15%$613 thousand
What's in police, fire, courts and jailsPolice
  • Police$613 thousand
Parks, recreation and libraries
3.1%$131 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$131 thousand
Interest on debt
2.5%$104 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New Market. 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 New Market 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.