Town government · Grant County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Potosi took in $595 thousand and spent $484 thousand.

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

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Where it comes from

State tax money52%Town taxes35%Federal tax money7.9%Fines and other2.7%Fees for services (garbage collection)1.8%County and local tax money0.3%

What stands out

52%

of Potosi's money comes from state tax money.A typical U.S. township or town of under 10,000 people gets 19%.

Town taxes35%

Property tax
35%$207 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services1.8%

Fees for services
1.8%$11 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$11 thousand

Amounts are by Census type of charge.

Federal tax money7.9%

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

From the federal government
7.9%$47 thousand

State tax money52%

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

From the state
52%$311 thousand

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$2 thousand

Fines and other2.7%

Interest, rents and other
2.7%$16 thousand

Where it goes

Roads, transit and parking67%Water, sewer, trash and utilities11%Running the government and other costs9.7%Police, fire, courts and jails7.4%Health and hospitals4.5%Parks, recreation and libraries0.2%

What stands out

11%

of Potosi's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
67%$323 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$323 thousand
Water, sewer, trash and utilities
11%$55 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$55 thousand
Running the government and other costs
9.7%$47 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 3 more
  • Central staff services (personnel, purchasing, technology)$22 thousand
  • Finance, tax collection and budgeting$11 thousand
  • Other government-run businesses$7 thousand
  • Other and not broken out$5 thousand
  • Government buildings$2 thousand
Police, fire, courts and jails
7.4%$36 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$36 thousand
Health and hospitals
4.5%$22 thousand
What's in health and hospitalsPublic health
  • Public health$22 thousand
Parks, recreation and libraries
0.2%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Potosi. 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 Town of Potosi 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.