Town government · Sussex County, VA

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

In the latest recorded fiscal year (ended June 30, 2024), Waverly took in $7.4 million and spent $1.0 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes87%Fines and other11%State tax money1.6%

What stands out

83%

of Waverly's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Town taxes87%

Property tax
83%$6.2 million
Sales tax
2.2%$163 thousand
Other taxes
1.7%$127 thousand
What's in other taxesPublic utility taxes; other licenses and 2 more
  • Public utility taxes$70 thousand
  • Other licenses$43 thousand
  • Real estate and stock transfer taxes$8 thousand
  • Other taxes not classified elsewhere$6 thousand

Amounts are by Census tax category.

State tax money1.6%

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

From the state
1.6%$116 thousand

Fines and other11%

Fines
11%$812 thousand
Interest, rents and other
0.2%$14 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Police, fire, courts and jails76%Running the government and other costs23%Parks, recreation and libraries0.8%Interest on debt0.3%

Spending by category100%

Police, fire, courts and jails
76%$786 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$746 thousand
  • Courts and legal services$24 thousand
  • Probation, parole and other corrections$16 thousand
Running the government and other costs
23%$239 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)$159 thousand
  • Finance, tax collection and budgeting$80 thousand
Parks, recreation and libraries
0.8%$8 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$8 thousand
Interest on debt
0.3%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Waverly. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Waverly 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.