Town government · Mingo County, WV
Kermit's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Kermit took in $744 thousand and spent $1.0 million.
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Where it comes from
What stands out
of Kermit's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.
Town taxes17%
What's in other taxesOccupation and business licenses; public utility taxes and 1 more
- Occupation and business licenses$37 thousand
- Public utility taxes$24 thousand
- Alcoholic beverage taxes$22 thousand
Amounts are by Census tax category.
Fees for services83%
What's in fees for servicesWater and sewer
- Water$575 thousand
- Sewer$42 thousand
Amounts are by Census type of charge.
Where it goes
What stands out
of Kermit'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%
What's in water, sewer, trash and utilitiesWater supply and sewer systems
- Water supply$575 thousand
- Sewer systems$42 thousand
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
- Other and not broken out$282 thousand
- Finance, tax collection and budgeting$37 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$37 thousand
What's in police, fire, courts and jailsPolice
- Police$27 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Kermit. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.
What this covers. The money of Town of Kermit 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.