Village government · St Croix County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Somerset took in $6.6 million and spent $4.8 million.

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

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Where it comes from

Village taxes37%Fees for services (sewer, water)26%Fines and other22%State tax money8.2%County and local tax money5.0%Federal tax money2.3%

What stands out

21%

of Somerset's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Village taxes37%

Property tax
33%$2.2 million
Other taxes
3.7%$246 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$230 thousand
  • Occupation and business licenses$16 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$1.7 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$815 thousand
  • Water$660 thousand
  • Garbage collection$222 thousand
  • Other service charges$10 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money2.3%

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

From the federal government
2.3%$153 thousand

State tax money8.2%

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

From the state
8.2%$538 thousand

County and local tax money5.0%

Money passed on by the county or other local governments.

From the county and other local governments
5.0%$330 thousand

Fines and other22%

Interest, rents and other
21%$1.4 million
Fines
0.5%$36 thousand

Where it goes

Water, sewer, trash and utilities33%Police, fire, courts and jails24%Roads, transit and parking14%Running the government and other costs11%Parks, recreation and libraries9.1%All other spending9.4%

What stands out

8.6%

of Somerset's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
33%$1.6 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$816 thousand
  • Water supply$539 thousand
  • Garbage and solid waste$218 thousand
Police, fire, courts and jails
24%$1.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$748 thousand
  • Fire protection$162 thousand
  • Courts and legal services$126 thousand
  • Inspections and regulation$108 thousand
Roads, transit and parking
14%$696 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$696 thousand
Running the government and other costs
11%$524 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$265 thousand
  • Central staff services (personnel, purchasing, technology)$203 thousand
  • Government buildings$30 thousand
  • Finance, tax collection and budgeting$26 thousand
Parks, recreation and libraries
9.1%$439 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$259 thousand
  • Parks and recreation$180 thousand
Interest on debt
8.6%$416 thousand
Health and hospitals
0.8%$39 thousand
What's in health and hospitalsPublic health
  • Public health$39 thousand
Environment and natural resources
<0.1%$1 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Somerset. 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 Somerset 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.