Town government · Wetzel County, WV
Smithfield's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Smithfield took in $35 thousand and spent $30 thousand.
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Where it comes from
What stands out
of Smithfield's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes26%
State tax money23%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money51%
Money passed on by the county or other local governments.
Where it goes
What stands out
of Smithfield's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.
Spending by category100%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
- Central staff services (personnel, purchasing, technology)$8 thousand
- Government buildings$8 thousand
- Finance, tax collection and budgeting$4 thousand
- Other and not broken out$2 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$8 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Smithfield. 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 Smithfield 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.