Town government · Racine County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Waterford took in $4.0 million and spent $3.8 million.

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

See every government that serves your ZIP

Where it comes from

Town taxes54%State tax money12%Fees for services (garbage collection, parks and recreation)10%County and local tax money10%Federal tax money8.6%Fines and other4.6%

What stands out

10%

of Waterford's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes54%

Property tax
47%$1.9 million
Other taxes
6.8%$273 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$219 thousand
  • Occupation and business licenses$54 thousand

Amounts are by Census tax category.

Fees for services10%

Fees for services
10%$421 thousand
What's in fees for servicesGarbage collection; other service charges and 1 more
  • Garbage collection$401 thousand
  • Other service charges$19 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money8.6%

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

From the federal government
8.6%$346 thousand

State tax money12%

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

From the state
12%$486 thousand

County and local tax money10%

Money passed on by the county or other local governments.

From the county and other local governments
10%$421 thousand

Fines and other4.6%

Fines
3.4%$136 thousand
Interest, rents and other
1.2%$48 thousand

Where it goes

Police, fire, courts and jails53%Roads, transit and parking24%Running the government and other costs11%Water, sewer, trash and utilities11%Health and hospitals0.7%All other spending0.7%

What stands out

53%

of Waterford's spending goes to police, fire, courts and jails.A typical U.S. township or town of under 10,000 people spends 6.7%.

Spending by category100%

Police, fire, courts and jails
53%$2.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.5 million
  • Fire protection$185 thousand
  • Courts and legal services$168 thousand
  • Inspections and regulation$135 thousand
Roads, transit and parking
24%$914 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$914 thousand
Running the government and other costs
11%$419 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)$171 thousand
  • Finance, tax collection and budgeting$134 thousand
  • Other and not broken out$76 thousand
  • Government buildings$38 thousand
Water, sewer, trash and utilities
11%$406 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$406 thousand
Health and hospitals
0.7%$27 thousand
What's in health and hospitalsPublic health
  • Public health$27 thousand
Parks, recreation and libraries
0.5%$20 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$17 thousand
  • Libraries$3 thousand
Environment and natural resources
0.2%$7 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Waterford. 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 Waterford 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.