Town government · Mississippi County, AR

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

In the latest recorded fiscal year (ended December 31, 2021), Bassett took in $166 thousand and spent $196 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, sewer)52%Town taxes21%State tax money9.0%County and local tax money7.2%Fines and other6.6%Federal tax money3.6%

What stands out

8.4%

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

Town taxes21%

Sales tax
8.4%$14 thousand
Other taxes
7.8%$13 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$13 thousand

Amounts are by Census tax category.

Property tax
4.8%$8 thousand

Fees for services52%

Fees for services
52%$87 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$50 thousand
  • Sewer$34 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

Federal tax money3.6%

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

From the federal government
3.6%$6 thousand

State tax money9.0%

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

From the state
9.0%$15 thousand

County and local tax money7.2%

Money passed on by the county or other local governments.

From the county and other local governments
7.2%$12 thousand

Fines and other6.6%

Interest, rents and other
4.8%$8 thousand
Fines
1.8%$3 thousand

Where it goes

Water, sewer, trash and utilities60%Running the government and other costs15%Police, fire, courts and jails13%Roads, transit and parking8.2%Interest on debt3.1%Parks, recreation and libraries0.5%

What stands out

60%

of Bassett's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
60%$117 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$92 thousand
  • Sewer systems$25 thousand
Running the government and other costs
15%$30 thousand
What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out
  • Finance, tax collection and budgeting$18 thousand
  • Other and not broken out$12 thousand
Police, fire, courts and jails
13%$26 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$21 thousand
  • Fire protection$5 thousand
Roads, transit and parking
8.2%$16 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$16 thousand
Interest on debt
3.1%$6 thousand
Parks, recreation and libraries
0.5%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Bassett. 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 Bassett 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.