City government · Madison County, AL

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

In the latest recorded fiscal year (ended September 30, 2021), New Hope took in $1.8 million and spent $1.8 million.

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

See every government that serves your ZIP

Where it comes from

City taxes80%State tax money20%

What stands out

55%

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

City taxes80%

Sales tax
55%$963 thousand
Other taxes
18%$308 thousand
What's in other taxesAlcoholic beverage taxes; motor fuel taxes and 1 more
  • Alcoholic beverage taxes$192 thousand
  • Motor fuel taxes$95 thousand
  • Tobacco taxes$21 thousand

Amounts are by Census tax category.

Property tax
8.0%$141 thousand

State tax money20%

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

From the state
20%$346 thousand

Where it goes

Water, sewer, trash and utilities34%Police, fire, courts and jails32%Running the government and other costs26%Interest on debt4.7%Parks, recreation and libraries2.7%All other spending0.7%

What stands out

32%

of New Hope'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%

Water, sewer, trash and utilities
34%$629 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$292 thousand
  • Water supply$239 thousand
  • Garbage and solid waste$98 thousand
Police, fire, courts and jails
32%$584 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$446 thousand
  • Courts and legal services$108 thousand
  • Fire protection$24 thousand
  • Inspections and regulation$6 thousand
Running the government and other costs
26%$477 thousand
What's in running the government and other costsGovernment buildings; other and not broken out and 2 more
  • Government buildings$183 thousand
  • Other and not broken out$153 thousand
  • Central staff services (personnel, purchasing, technology)$123 thousand
  • Finance, tax collection and budgeting$18 thousand
Interest on debt
4.7%$87 thousand
Parks, recreation and libraries
2.7%$50 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$37 thousand
  • Libraries$13 thousand
Health and hospitals
0.4%$7 thousand
What's in health and hospitalsPublic health
  • Public health$7 thousand
Roads, transit and parking
0.2%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Sent to other local governments
0.2%$3 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of New Hope. 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 City of New 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.