Town government · Trempealeau County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Preston took in $775 thousand and spent $562 thousand.

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

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Where it comes from

State tax money47%Town taxes30%Fines and other11%Federal tax money6.6%County and local tax money3.1%Fees for services (road charges, garbage collection)1.8%

What stands out

47%

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

Town taxes30%

Property tax
29%$224 thousand
Other taxes
1.4%$11 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$11 thousand

Amounts are by Census tax category.

Fees for services1.8%

Fees for services
1.8%$14 thousand
What's in fees for servicesRoad charges; garbage collection and 1 more
  • Road charges$7 thousand
  • Garbage collection$6 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money6.6%

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

From the federal government
6.6%$51 thousand

State tax money47%

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

From the state
47%$368 thousand

County and local tax money3.1%

Money passed on by the county or other local governments.

From the county and other local governments
3.1%$24 thousand

Fines and other11%

Interest, rents and other
11%$83 thousand

Where it goes

Roads, transit and parking68%Running the government and other costs12%Police, fire, courts and jails12%Water, sewer, trash and utilities4.3%Interest on debt2.7%Parks, recreation and libraries1.8%

What stands out

4.3%

of Preston'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
68%$381 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$381 thousand
Running the government and other costs
12%$67 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$34 thousand
  • Finance, tax collection and budgeting$24 thousand
  • Government buildings$8 thousand
  • Other and not broken out$1 thousand
Police, fire, courts and jails
12%$65 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$64 thousand
  • Courts and legal services$1 thousand
Water, sewer, trash and utilities
4.3%$24 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$24 thousand
Interest on debt
2.7%$15 thousand
Parks, recreation and libraries
1.8%$10 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$10 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Preston. 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 Preston 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.