City government · Pierce County, WI

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

In the latest recorded fiscal year (ended December 31, 2023), Prescott took in $10.1 million and spent $8.5 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes41%Fees for services (sewer, water)24%State tax money23%Fines and other11%County and local tax money0.9%Federal tax money0.1%

What stands out

38%

of Prescott's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes41%

Property tax
38%$3.9 million
Other taxes
2.3%$230 thousand
What's in other taxesOther licenses; occupation and business licenses and 1 more
  • Other licenses$137 thousand
  • Occupation and business licenses$53 thousand
  • Other selective sales taxes$40 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$2.4 million
What's in fees for servicesSewer; water and 5 more
  • Sewer$1.1 million
  • Water$611 thousand
  • Garbage collection$417 thousand
  • Road charges$186 thousand
  • Parks and recreation$64 thousand
  • Other service charges$37 thousand
  • Parks, land and natural resources$3 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$12 thousand

State tax money23%

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

From the state
23%$2.4 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$89 thousand

Fines and other11%

Interest, rents and other
10%$1.0 million
Fines
1.3%$128 thousand

Where it goes

Water, sewer, trash and utilities24%Roads, transit and parking23%Police, fire, courts and jails20%Parks, recreation and libraries12%Social services9.1%All other spending12%

What stands out

9.1%

of Prescott's spending goes to social services.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
24%$2.0 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$874 thousand
  • Water supply$734 thousand
  • Garbage and solid waste$399 thousand
Roads, transit and parking
23%$1.9 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.8 million
  • Parking$158 thousand
Police, fire, courts and jails
20%$1.7 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.4 million
  • Fire protection$147 thousand
  • Courts and legal services$83 thousand
  • Inspections and regulation$74 thousand
Parks, recreation and libraries
12%$1.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$641 thousand
  • Libraries$410 thousand
Social services
9.1%$771 thousand
What's in social servicesOther public welfare
  • Other public welfare$771 thousand
Running the government and other costs
7.2%$608 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)$333 thousand
  • Finance, tax collection and budgeting$133 thousand
  • Other and not broken out$106 thousand
  • Government buildings$30 thousand
  • Other government-run businesses$6 thousand
Interest on debt
3.7%$315 thousand
Health and hospitals
1.1%$94 thousand
What's in health and hospitalsPublic health
  • Public health$94 thousand
Environment and natural resources
0.1%$12 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Prescott. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Prescott 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.