Town government · Talladega County, AL

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

In the latest recorded fiscal year (ended September 30, 2021), Munford took in $1.6 million and spent $226 thousand.

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

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Where it comes from

Town taxes100%

What stands out

44%

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

Town taxes100%

Other taxes
53%$871 thousand
What's in other taxesOther selective sales taxes; motor fuel taxes and 4 more
  • Other selective sales taxes$786 thousand
  • Motor fuel taxes$33 thousand
  • Public utility taxes$17 thousand
  • Occupation and business licenses$12 thousand
  • Other licenses$12 thousand
  • Tobacco taxes$11 thousand

Amounts are by Census tax category.

Sales tax
44%$724 thousand
Property tax
2.1%$35 thousand

Where it goes

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

Police, fire, courts and jails56%Parks, recreation and libraries23%Running the government and other costs20%Interest on debt0.9%

Spending by category100%

Police, fire, courts and jails
56%$127 thousand
What's in police, fire, courts and jailsPolice; prisons and jails and 2 more
  • Police$89 thousand
  • Prisons and jails$20 thousand
  • Courts and legal services$15 thousand
  • Probation, parole and other corrections$3 thousand
Parks, recreation and libraries
23%$52 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$52 thousand
Running the government and other costs
20%$45 thousand
What's in running the government and other costsGovernment buildings
  • Government buildings$45 thousand
Interest on debt
0.9%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Munford. 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 Munford 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.