City government · Faulkner County, AR

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

In the latest recorded fiscal year (ended December 31, 2023), Conway took in $244 million and spent $237 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)63%City taxes24%Fines and other7.7%State tax money3.7%Federal tax money1.9%

What stands out

63%

of Conway's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 50,000+ people gets 30%.

City taxes24%

Sales tax
18%$45.0 million
Other taxes
3.0%$7.3 million
What's in other taxesPublic utility taxes; other selective sales taxes and 2 more
  • Public utility taxes$4.6 million
  • Other selective sales taxes$1.3 million
  • Other licenses$690 thousand
  • Alcoholic beverage taxes$637 thousand

Amounts are by Census tax category.

Property tax
2.7%$6.6 million

Fees for services63%

Fees for services
63%$152 million
What's in fees for servicesElectric power; other government-run businesses and 7 more
  • Electric power$71.7 million
  • Other government-run businesses$31.2 million
  • Sewer$19.2 million
  • Water$14.3 million
  • Garbage collection$10.9 million
  • Airport$2.2 million
  • Other service charges$2.1 million
  • Parks and recreation$800 thousand
  • Road charges$8 thousand

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government
1.9%$4.6 million

State tax money3.7%

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

From the state
3.7%$9.0 million

Fines and other7.7%

Interest, rents and other
7.1%$17.3 million
Fines
0.6%$1.5 million

Where it goes

Water, sewer, trash and utilities50%Running the government and other costs18%Police, fire, courts and jails15%Parks, recreation and libraries7.1%Roads, transit and parking6.4%All other spending3.3%

What stands out

50%

of Conway's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 50,000+ people spends 20%.

Spending by category100%

Water, sewer, trash and utilities
50%$119 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$78.1 million
  • Water supply$16.4 million
  • Garbage and solid waste$12.2 million
  • Sewer systems$12.1 million
Running the government and other costs
18%$42.0 million
What's in running the government and other costsOther government-run businesses; other and not broken out and 3 more
  • Other government-run businesses$31.9 million
  • Other and not broken out$5.2 million
  • Finance, tax collection and budgeting$2.2 million
  • Central staff services (personnel, purchasing, technology)$1.8 million
  • Government buildings$867 thousand
Police, fire, courts and jails
15%$36.6 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$18.5 million
  • Fire protection$15.8 million
  • Courts and legal services$1.9 million
  • Inspections and regulation$467 thousand
Parks, recreation and libraries
7.1%$16.8 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$16.8 million
Roads, transit and parking
6.4%$15.1 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$12.7 million
  • Airports$2.4 million
Interest on debt
2.8%$6.7 million
What's in interest on debtInterest on general debt; interest on electric power debt and 1 more
  • Interest on general debt$5.3 million
  • Interest on electric power debt$1.2 million
  • Interest on water supply debt$221 thousand
Health and hospitals
0.2%$572 thousand
What's in health and hospitalsPublic health
  • Public health$572 thousand
Housing and community development
0.2%$549 thousand
Sources and moreWhere these numbers come from and what they cover

City of Conway. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Conway 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.