Village government · Lafayette County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Belmont took in $4.4 million and spent $4.1 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, sewer)67%Fines and other13%Village taxes10%State tax money7.0%County and local tax money2.5%

What stands out

67%

of Belmont'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%.

Village taxes10%

Property tax
9.7%$425 thousand
Other taxes
0.6%$28 thousand
What's in other taxesOther selective sales taxes; occupation and business licenses and 1 more
  • Other selective sales taxes$20 thousand
  • Occupation and business licenses$5 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services67%

Fees for services
67%$2.9 million
What's in fees for servicesElectric power; sewer and 5 more
  • Electric power$2.1 million
  • Sewer$532 thousand
  • Water$202 thousand
  • Garbage collection$58 thousand
  • Other government-run businesses$14 thousand
  • Other service charges$10 thousand
  • Parks and recreation$3 thousand

Amounts are by Census type of charge.

State tax money7.0%

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

From the state
7.0%$307 thousand

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$111 thousand

Fines and other13%

Interest, rents and other
12%$543 thousand
Fines
0.1%$6 thousand

Where it goes

Water, sewer, trash and utilities72%Police, fire, courts and jails8.4%Interest on debt7.0%Roads, transit and parking4.3%Parks, recreation and libraries3.9%All other spending4.1%

What stands out

72%

of Belmont'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
72%$3.0 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$2.1 million
  • Sewer systems$509 thousand
  • Water supply$265 thousand
  • Garbage and solid waste$64 thousand
Police, fire, courts and jails
8.4%$347 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$217 thousand
  • Fire protection$128 thousand
  • Courts and legal services$2 thousand
Interest on debt
7.0%$288 thousand
Roads, transit and parking
4.3%$178 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$178 thousand
Parks, recreation and libraries
3.9%$160 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$134 thousand
  • Libraries$26 thousand
Running the government and other costs
3.8%$157 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 3 more
  • Central staff services (personnel, purchasing, technology)$88 thousand
  • Other and not broken out$29 thousand
  • Other government-run businesses$20 thousand
  • Finance, tax collection and budgeting$12 thousand
  • Government buildings$8 thousand
Social services
0.2%$9 thousand
What's in social servicesOther public welfare
  • Other public welfare$9 thousand
Environment and natural resources
<0.1%$3 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$3 thousand
Health and hospitals
<0.1%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Belmont. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Belmont 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.