Town government · Cullman County, AL

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

In the latest recorded fiscal year (ended September 30, 2021), Colony took in $216 thousand and spent $92 thousand.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

County and local tax money74%State tax money17%Fines and other3.7%Fees for services (parks and recreation)2.8%Town taxes2.3%

What stands out

74%

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

Town taxes2.3%

Other taxes
2.3%$5 thousand
What's in other taxesOther licenses; alcoholic beverage licenses and 1 more
  • Other licenses$3 thousand
  • Alcoholic beverage licenses$1 thousand
  • Motor vehicle licenses$1 thousand

Amounts are by Census tax category.

Fees for services2.8%

Fees for services
2.8%$6 thousand
What's in fees for servicesParks and recreation
  • Parks and recreation$6 thousand

Amounts are by Census type of charge.

State tax money17%

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

From the state
17%$37 thousand

County and local tax money74%

Money passed on by the county or other local governments.

From the county and other local governments
74%$160 thousand

Fines and other3.7%

Interest, rents and other
3.7%$8 thousand

Where it goes

Running the government and other costs98%Interest on debt2.2%

What stands out

98%

of Colony'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
98%$90 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$90 thousand
Interest on debt
2.2%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Colony. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Colony 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.