Town government · Polk County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Sterling took in $522 thousand and spent $552 thousand.

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

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Where it comes from

State tax money53%Town taxes25%Fines and other7.9%Federal tax money7.7%County and local tax money4.0%Fees for services (parks, land and natural resources, parks and recreation)2.3%

What stands out

53%

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

Town taxes25%

Property tax
24%$126 thousand
Other taxes
0.6%$3 thousand
What's in other taxesOccupation and business licenses and other taxes not classified elsewhere
  • Occupation and business licenses$2 thousand
  • Other taxes not classified elsewhere$1 thousand

Amounts are by Census tax category.

Fees for services2.3%

Fees for services
2.3%$12 thousand
What's in fees for servicesParks, land and natural resources and parks and recreation
  • Parks, land and natural resources$6 thousand
  • Parks and recreation$6 thousand

Amounts are by Census type of charge.

Federal tax money7.7%

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

From the federal government
7.7%$40 thousand

State tax money53%

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

From the state
53%$279 thousand

County and local tax money4.0%

Money passed on by the county or other local governments.

From the county and other local governments
4.0%$21 thousand

Fines and other7.9%

Interest, rents and other
7.9%$41 thousand

Where it goes

Roads, transit and parking75%Running the government and other costs12%Police, fire, courts and jails11%Parks, recreation and libraries2.0%Health and hospitals0.9%

What stands out

75%

of Sterling's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
75%$412 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$412 thousand
Running the government and other costs
12%$66 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)$32 thousand
  • Finance, tax collection and budgeting$26 thousand
  • Other and not broken out$7 thousand
  • Government buildings$1 thousand
Police, fire, courts and jails
11%$58 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$58 thousand
Parks, recreation and libraries
2.0%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Health and hospitals
0.9%$5 thousand
What's in health and hospitalsPublic health
  • Public health$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sterling. 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 Sterling 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.