Town government · Accomack County, VA

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

In the latest recorded fiscal year (ended June 30, 2022), Parksley took in $1.2 million and spent $818 thousand.

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

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Where it comes from

Town taxes32%Federal tax money25%County and local tax money22%Fees for services (water, garbage collection)21%Fines and other<0.1%

What stands out

25%

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

Town taxes32%

Property tax
24%$287 thousand
Sales tax
6.3%$76 thousand
Other taxes
1.7%$20 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$20 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$251 thousand
What's in fees for servicesWater and garbage collection
  • Water$233 thousand
  • Garbage collection$18 thousand

Amounts are by Census type of charge.

Federal tax money25%

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

From the federal government
25%$303 thousand

County and local tax money22%

Money passed on by the county or other local governments.

From the county and other local governments
22%$261 thousand

Fines and other<0.1%

Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs45%Water, sewer, trash and utilities29%Police, fire, courts and jails14%Parks, recreation and libraries9.3%Interest on debt2.8%

What stands out

45%

of Parksley'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
45%$367 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$236 thousand
  • Finance, tax collection and budgeting$81 thousand
  • Central staff services (personnel, purchasing, technology)$30 thousand
  • Government buildings$20 thousand
Water, sewer, trash and utilities
29%$234 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$124 thousand
  • Sewer systems$96 thousand
  • Water supply$14 thousand
Police, fire, courts and jails
14%$118 thousand
What's in police, fire, courts and jailsPolice
  • Police$118 thousand
Parks, recreation and libraries
9.3%$76 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$76 thousand
Interest on debt
2.8%$23 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Parksley. 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 Parksley 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.