Town government · Houston County, AL

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

In the latest recorded fiscal year (ended September 30, 2021), Madrid took in $94 thousand and spent $80 thousand.

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

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Where it comes from

Town taxes78%State tax money18%Fines and other2.1%Fees for services (parks and recreation)1.1%County and local tax money1.1%

What stands out

38%

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

Town taxes78%

Other taxes

39%$37 thousand

What's in other taxesPublic utility taxes; occupation and business licenses and 3 more

Public utility taxes$17 thousand
Occupation and business licenses$16 thousand
Motor fuel taxes$2 thousand
Alcoholic beverage taxes$1 thousand
Motor vehicle licenses$1 thousand

Amounts are by Census tax category.

Sales tax

38%$36 thousand

Fees for services1.1%

Fees for services

1.1%$1 thousand

What's in fees for servicesParks and recreation

Parks and recreation$1 thousand

Amounts are by Census type of charge.

State tax money18%

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

From the state

18%$17 thousand

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments

1.1%$1 thousand

Fines and other2.1%

Interest, rents and other

2.1%$2 thousand

Where it goes

Running the government and other costs38%Police, fire, courts and jails31%Roads, transit and parking14%Parks, recreation and libraries14%Interest on debt2.5%Water, sewer, trash and utilities1.3%

What stands out

31%

of Madrid's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs

38%$30 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology)

Central staff services (personnel, purchasing, technology)$30 thousand

Police, fire, courts and jails

31%$25 thousand

What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more

Police$11 thousand
Inspections and regulation$8 thousand
Courts and legal services$4 thousand
Fire protection$2 thousand

Roads, transit and parking

14%$11 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$11 thousand

Parks, recreation and libraries

14%$11 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$11 thousand

Interest on debt

2.5%$2 thousand

Water, sewer, trash and utilities

1.3%$1 thousand

What's in water, sewer, trash and utilitiesGarbage and solid waste

Garbage and solid waste$1 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Madrid. 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 Madrid 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.