City government · North Slope Borough, AK

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

In the latest recorded fiscal year (ended June 30, 2024), Point Hope took in $3.0 million and spent $3.1 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money59%Fines and other31%City taxes8.2%Fees for services1.7%

What stands out

59%

of Point Hope's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes8.2%

Sales tax
8.1%$241 thousand
Other taxes
<0.1%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services1.7%

Fees for services
1.7%$51 thousand
What's in fees for servicesOther service charges
  • Other service charges$51 thousand

Amounts are by Census type of charge.

State tax money59%

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

From the state
59%$1.7 million

Fines and other31%

Interest, rents and other
31%$926 thousand

Where it goes

Running the government and other costs89%Environment and natural resources9.1%Parks, recreation and libraries1.5%Police, fire, courts and jails0.9%

What stands out

89%

of Point Hope's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
89%$2.7 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$2.4 million
  • Central staff services (personnel, purchasing, technology)$168 thousand
  • Finance, tax collection and budgeting$122 thousand
  • Government buildings$9 thousand
Environment and natural resources
9.1%$279 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$279 thousand
Parks, recreation and libraries
1.5%$45 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$45 thousand
Police, fire, courts and jails
0.9%$28 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$28 thousand
Sources and moreWhere these numbers come from and what they cover

City of Point Hope. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Point 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.