Town government · Preston County, WV

Terra Alta's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Terra Alta took in $1.7 million and spent $2.4 million.

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

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Where it comes from

Fees for services (water, sewer)61%Town taxes30%Fines and other8.9%State tax money0.5%

What stands out

61%

of Terra Alta'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 taxes30%

Property tax
28%$479 thousand
Other taxes
2.3%$40 thousand
What's in other taxesOther licenses
  • Other licenses$40 thousand

Amounts are by Census tax category.

Fees for services61%

Fees for services
61%$1.1 million
What's in fees for servicesWater; sewer and 2 more
  • Water$514 thousand
  • Sewer$373 thousand
  • Garbage collection$153 thousand
  • Other government-run businesses$16 thousand

Amounts are by Census type of charge.

State tax money0.5%

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

From the state
0.5%$8 thousand

Fines and other8.9%

Interest, rents and other
5.1%$89 thousand
Fines
3.8%$66 thousand

Where it goes

Running the government and other costs49%Water, sewer, trash and utilities40%Police, fire, courts and jails8.7%Interest on debt1.2%Roads, transit and parking0.6%Parks, recreation and libraries0.2%

What stands out

49%

of Terra Alta'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
49%$1.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other government-run businesses
  • Central staff services (personnel, purchasing, technology)$1.2 million
  • Other government-run businesses$27 thousand
Water, sewer, trash and utilities
40%$970 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$748 thousand
  • Sewer systems$222 thousand
Police, fire, courts and jails
8.7%$210 thousand
What's in police, fire, courts and jailsPolice
  • Police$210 thousand
Interest on debt
1.2%$28 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$27 thousand
  • Interest on general debt$1 thousand
Roads, transit and parking
0.6%$14 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$14 thousand
Parks, recreation and libraries
0.2%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Terra Alta. 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 Terra Alta 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.