Town government · Marion County, WV

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

In the latest recorded fiscal year (ended June 30, 2022), Farmington took in $756 thousand and spent $628 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, water)49%Federal tax money21%Town taxes15%Fines and other14%State tax money0.3%

What stands out

21%

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

Town taxes15%

Other taxes
11%$80 thousand
What's in other taxesOccupation and business licenses; other selective sales taxes and 3 more
  • Occupation and business licenses$61 thousand
  • Other selective sales taxes$12 thousand
  • Public utility taxes$4 thousand
  • Other licenses$2 thousand
  • Alcoholic beverage taxes$1 thousand

Amounts are by Census tax category.

Property tax
4.9%$37 thousand

Fees for services49%

Fees for services
49%$370 thousand
What's in fees for servicesSewer and water
  • Sewer$193 thousand
  • Water$177 thousand

Amounts are by Census type of charge.

Federal tax money21%

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

From the federal government
21%$161 thousand

State tax money0.3%

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

From the state
0.3%$2 thousand

Fines and other14%

Interest, rents and other
12%$94 thousand
Fines
1.6%$12 thousand

Where it goes

Water, sewer, trash and utilities56%Running the government and other costs22%Roads, transit and parking10%Police, fire, courts and jails6.5%Interest on debt5.6%

What stands out

56%

of Farmington'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
56%$349 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$178 thousand
  • Sewer systems$171 thousand
Running the government and other costs
22%$139 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$139 thousand
Roads, transit and parking
10%$64 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$64 thousand
Police, fire, courts and jails
6.5%$41 thousand
What's in police, fire, courts and jailsPolice
  • Police$41 thousand
Interest on debt
5.6%$35 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$32 thousand
  • Interest on water supply debt$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Farmington. 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 Farmington 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.