City government · Hampshire County, WV

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

In the latest recorded fiscal year (ended June 30, 2024), Romney took in $3.9 million and spent $3.1 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)66%City taxes27%Fines and other4.4%State tax money2.6%Federal tax money0.3%

What stands out

12%

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

City taxes27%

Sales tax
12%$478 thousand
Other taxes
7.7%$302 thousand
What's in other taxesAmusement taxes; public utility taxes and 2 more
  • Amusement taxes$137 thousand
  • Public utility taxes$97 thousand
  • Other licenses$50 thousand
  • Alcoholic beverage taxes$18 thousand

Amounts are by Census tax category.

Property tax
6.6%$260 thousand

Fees for services66%

Fees for services
66%$2.6 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$1.3 million
  • Water$1.2 million
  • Other service charges$107 thousand
  • Parks and recreation$25 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$10 thousand

State tax money2.6%

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

From the state
2.6%$101 thousand

Fines and other4.4%

Interest, rents and other
3.2%$124 thousand
Fines
1.3%$50 thousand

Where it goes

Water, sewer, trash and utilities56%Running the government and other costs19%Police, fire, courts and jails12%Interest on debt4.6%Health and hospitals3.6%All other spending4.3%

What stands out

56%

of Romney'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%$1.7 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$989 thousand
  • Water supply$735 thousand
Running the government and other costs
19%$577 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$545 thousand
  • Other and not broken out$32 thousand
Police, fire, courts and jails
12%$382 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$369 thousand
  • Courts and legal services$13 thousand
Interest on debt
4.6%$142 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$113 thousand
  • Interest on general debt$29 thousand
Health and hospitals
3.6%$112 thousand
What's in health and hospitalsPublic health
  • Public health$112 thousand
Roads, transit and parking
3.3%$100 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$100 thousand
Parks, recreation and libraries
1.0%$32 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$32 thousand
Sources and moreWhere these numbers come from and what they cover

City of Romney. 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 City of Romney 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.