Town government · Marshall County, AL

Cherokee Ridge's money: where it comes from and where it goes

In the latest recorded fiscal year, Cherokee Ridge took in $385 thousand and spent $35 thousand.

Latest recorded yearComes fromGoes to

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Where it comes from

Town taxes95%State tax money5.5%

What stands out

78%

of Cherokee Ridge's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes95%

Sales tax
78%$300 thousand
Property tax
15%$59 thousand
Other taxes
1.3%$5 thousand
What's in other taxesAlcoholic beverage taxes; motor fuel taxes and 1 more
  • Alcoholic beverage taxes$2 thousand
  • Motor fuel taxes$2 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

State tax money5.5%

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

From the state
5.5%$21 thousand

Where it goes

Running the government and other costs97%Interest on debt2.9%

What stands out

97%

of Cherokee Ridge's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
97%$34 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$19 thousand
  • Central staff services (personnel, purchasing, technology)$15 thousand
Interest on debt
2.9%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cherokee Ridge. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file.

What this covers. The money of Town of Cherokee Ridge 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.