City government · Nome Census Area Borough, AK

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

In the latest recorded fiscal year (ended June 30, 2022), Wales took in $518 thousand and spent $338 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money67%Fees for services (water)12%Fines and other11%City taxes5.4%Federal tax money3.9%

What stands out

67%

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

City taxes5.4%

Sales tax
5.4%$28 thousand

Fees for services12%

Fees for services
12%$64 thousand
What's in fees for servicesWater; other service charges and 1 more
  • Water$32 thousand
  • Other service charges$28 thousand
  • Other government-run businesses$4 thousand

Amounts are by Census type of charge.

Federal tax money3.9%

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

From the federal government
3.9%$20 thousand

State tax money67%

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

From the state
67%$347 thousand

Fines and other11%

Interest, rents and other
11%$59 thousand

Where it goes

Running the government and other costs93%Water, sewer, trash and utilities3.6%Police, fire, courts and jails1.8%Roads, transit and parking1.8%

What stands out

93%

of Wales' 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
93%$314 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$192 thousand
  • Central staff services (personnel, purchasing, technology)$62 thousand
  • Finance, tax collection and budgeting$60 thousand
Water, sewer, trash and utilities
3.6%$12 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and electric power
  • Garbage and solid waste$10 thousand
  • Electric power$2 thousand
Police, fire, courts and jails
1.8%$6 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$5 thousand
  • Police$1 thousand
Roads, transit and parking
1.8%$6 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Wales. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. 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 City of Wales 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.