Town government · Monroe County, WV

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

In the latest recorded fiscal year (ended June 30, 2022), Peterstown took in $334 thousand and spent $115 thousand.

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

See every government that serves your ZIP

Where it comes from

Federal tax money61%Town taxes30%Fines and other5.7%Fees for services2.7%State tax money0.9%

What stands out

61%

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

Town taxes30%

Property tax
18%$59 thousand
Other taxes
12%$40 thousand
What's in other taxesOccupation and business licenses; public utility taxes and 1 more
  • Occupation and business licenses$25 thousand
  • Public utility taxes$14 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services2.7%

Fees for services
2.7%$9 thousand
What's in fees for servicesOther service charges
  • Other service charges$9 thousand

Amounts are by Census type of charge.

Federal tax money61%

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

From the federal government
61%$204 thousand

State tax money0.9%

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

From the state
0.9%$3 thousand

Fines and other5.7%

Interest, rents and other
5.7%$19 thousand

Where it goes

Running the government and other costs72%Police, fire, courts and jails19%Roads, transit and parking8.7%

What stands out

72%

of Peterstown'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
72%$83 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$83 thousand
Police, fire, courts and jails
19%$22 thousand
What's in police, fire, courts and jailsPolice
  • Police$22 thousand
Roads, transit and parking
8.7%$10 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$10 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Peterstown. 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 Peterstown 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.