Town government · Bradley County, AR
Banks's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Banks took in $612 thousand and spent $8 thousand.
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Where it comes from
What stands out
of Banks' money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes0.7%
Fees for services5.6%
What's in fees for servicesWater
- Water$34 thousand
Amounts are by Census type of charge.
Federal tax money94%
Grants from Washington, paid for by the federal taxes residents also pay.
Where it goes
What stands out
of Banks' spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.
Spending by category100%
What's in running the government and other costsGovernment buildings
- Government buildings$5 thousand
What's in sent to other local governmentsSent to the state government
- Sent to the state government$3 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Banks. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. 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 Town of Banks 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.