Town government · Cullman County, AL

Good Hope's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Good Hope took in $2.3 million and spent $576 thousand.

Latest recorded year: ended September 30, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes89%Fees for services (sewer, parks and recreation)9.3%Fines and other1.7%State tax money0.3%

What stands out

52%

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

Town taxes89%

Sales tax
52%$1.2 million
Other taxes
31%$730 thousand
What's in other taxesAlcoholic beverage taxes; public utility taxes and 7 more
  • Alcoholic beverage taxes$235 thousand
  • Public utility taxes$157 thousand
  • Motor fuel taxes$122 thousand
  • Occupation and business licenses$95 thousand
  • Motor vehicle licenses$44 thousand
  • Public utility licenses$31 thousand
  • Other selective sales taxes$21 thousand
  • Alcoholic beverage licenses$13 thousand
  • Other licenses$12 thousand

Amounts are by Census tax category.

Property tax
5.2%$122 thousand

Fees for services9.3%

Fees for services
9.3%$216 thousand
What's in fees for servicesSewer and parks and recreation
  • Sewer$157 thousand
  • Parks and recreation$59 thousand

Amounts are by Census type of charge.

State tax money0.3%

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

From the state
0.3%$8 thousand

Fines and other1.7%

Interest, rents and other
1.7%$39 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Running the government and other costs42%Roads, transit and parking24%Water, sewer, trash and utilities17%Parks, recreation and libraries15%Police, fire, courts and jails1.0%

Spending by category100%

Running the government and other costs
42%$243 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$85 thousand
  • Other and not broken out$82 thousand
  • Finance, tax collection and budgeting$54 thousand
  • Government buildings$22 thousand
Roads, transit and parking
24%$140 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$140 thousand
Water, sewer, trash and utilities
17%$99 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$99 thousand
Parks, recreation and libraries
15%$88 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$88 thousand
Police, fire, courts and jails
1.0%$6 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$6 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Good Hope. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Good Hope 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.