Town government · Coosa County, AL

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

In the latest recorded fiscal year (ended September 30, 2021), Goodwater took in $352 thousand.

Latest recorded year: ended September 30, 2021Comes from

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Where it comes from

Town taxes99%Fines and other0.9%

What stands out

82%

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

Town taxes99%

Sales tax
82%$290 thousand
Property tax
14%$49 thousand
Other taxes
2.8%$10 thousand
What's in other taxesMotor fuel taxes; alcoholic beverage taxes and 1 more
  • Motor fuel taxes$5 thousand
  • Alcoholic beverage taxes$3 thousand
  • Tobacco taxes$2 thousand

Amounts are by Census tax category.

Fines and other0.9%

Interest, rents and other
0.9%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Goodwater. 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 Goodwater 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.