Town government · Lee County, VA

Pennington Gap's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Pennington Gap took in $3.9 million and spent $4.3 million.

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

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Where it comes from

Fees for services (water, sewer)59%Town taxes32%Fines and other4.8%State tax money4.2%County and local tax money0.5%

What stands out

21%

of Pennington Gap'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 taxes32%

Other taxes
21%$832 thousand
What's in other taxesOther selective sales taxes; occupation and business licenses and 2 more
  • Other selective sales taxes$654 thousand
  • Occupation and business licenses$110 thousand
  • Public utility taxes$43 thousand
  • Motor vehicle licenses$25 thousand

Amounts are by Census tax category.

Property tax
8.6%$337 thousand
Sales tax
1.9%$73 thousand

Fees for services59%

Fees for services
59%$2.3 million
What's in fees for servicesWater; sewer and 2 more
  • Water$1.5 million
  • Sewer$596 thousand
  • Garbage collection$140 thousand
  • Parks and recreation$29 thousand

Amounts are by Census type of charge.

State tax money4.2%

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

From the state
4.2%$164 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$20 thousand

Fines and other4.8%

Interest, rents and other
4.7%$183 thousand
Fines
0.2%$6 thousand

Where it goes

Water, sewer, trash and utilities46%Police, fire, courts and jails17%Roads, transit and parking16%Running the government and other costs13%Parks, recreation and libraries5.7%Interest on debt2.1%

What stands out

46%

of Pennington Gap's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
46%$2.0 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$1.1 million
  • Sewer systems$694 thousand
  • Garbage and solid waste$140 thousand
Police, fire, courts and jails
17%$716 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$496 thousand
  • Fire protection$169 thousand
  • Courts and legal services$51 thousand
Roads, transit and parking
16%$681 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$681 thousand
Running the government and other costs
13%$575 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$475 thousand
  • Finance, tax collection and budgeting$100 thousand
Parks, recreation and libraries
5.7%$245 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$245 thousand
Interest on debt
2.1%$91 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$70 thousand
  • Interest on general debt$21 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Pennington Gap. 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 Pennington Gap 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.