Town government · St Clair County, AL

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

In the latest recorded fiscal year (ended September 30, 2021), Margaret took in $1.6 million.

Latest recorded year: ended September 30, 2021Comes from

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Where it comes from

Town taxes54%Federal tax money39%Fines and other6.8%

What stands out

39%

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

Town taxes54%

Sales tax
38%$594 thousand
Property tax
12%$191 thousand
Other taxes
3.2%$50 thousand
What's in other taxesMotor fuel taxes; public utility taxes and 2 more
  • Motor fuel taxes$29 thousand
  • Public utility taxes$13 thousand
  • Alcoholic beverage taxes$6 thousand
  • Tobacco taxes$2 thousand

Amounts are by Census tax category.

Federal tax money39%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
39%$610 thousand

Fines and other6.8%

Fines
6.6%$103 thousand
Interest, rents and other
0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Margaret. 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 Margaret 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.