Town government · Accomack County, VA

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

In the latest recorded fiscal year (ended June 30, 2022), Wachapreague took in $225 thousand and spent $243 thousand.

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

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Where it comes from

Town taxes45%Fees for services (ports and waterways, garbage collection)22%Federal tax money18%State tax money14%Fines and other0.4%

What stands out

18%

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

Town taxes45%

Other taxes
26%$59 thousand
What's in other taxesOther licenses; motor vehicle licenses and 1 more
  • Other licenses$53 thousand
  • Motor vehicle licenses$5 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Property tax
19%$43 thousand

Fees for services22%

Fees for services
22%$50 thousand
What's in fees for servicesPorts and waterways; other service charges and 1 more
  • Ports and waterways$42 thousand
  • Other service charges$7 thousand
  • Garbage collection$1 thousand

Amounts are by Census type of charge.

Federal tax money18%

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

From the federal government
18%$40 thousand

State tax money14%

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

From the state
14%$32 thousand

Fines and other0.4%

Interest, rents and other
0.4%$1 thousand

Where it goes

Running the government and other costs68%Water, sewer, trash and utilities16%Roads, transit and parking10%Parks, recreation and libraries4.9%Police, fire, courts and jails0.8%

What stands out

68%

of Wachapreague'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
68%$165 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$109 thousand
  • Government buildings$30 thousand
  • Central staff services (personnel, purchasing, technology)$21 thousand
  • Finance, tax collection and budgeting$5 thousand
Water, sewer, trash and utilities
16%$39 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$39 thousand
Roads, transit and parking
10%$25 thousand
What's in roads, transit and parkingPorts and harbors
  • Ports and harbors$25 thousand
Parks, recreation and libraries
4.9%$12 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$12 thousand
Police, fire, courts and jails
0.8%$2 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Wachapreague. 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 Wachapreague 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.