City government · Boone County, AR

Diamond City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Diamond City took in $836 thousand and spent $496 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)62%City taxes26%State tax money9.9%Fines and other1.1%Federal tax money0.6%

What stands out

16%

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

City taxes26%

Sales tax
16%$130 thousand
Property tax
6.3%$53 thousand
Other taxes
4.1%$34 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$34 thousand

Amounts are by Census tax category.

Fees for services62%

Fees for services
62%$522 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$288 thousand
  • Sewer$229 thousand
  • Road charges$5 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$5 thousand

State tax money9.9%

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

From the state
9.9%$83 thousand

Fines and other1.1%

Fines
1.1%$9 thousand

Where it goes

Running the government and other costs56%Water, sewer, trash and utilities25%Police, fire, courts and jails18%Interest on debt0.4%

What stands out

56%

of Diamond City'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
56%$280 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$210 thousand
  • Central staff services (personnel, purchasing, technology)$50 thousand
  • Government buildings$20 thousand
Water, sewer, trash and utilities
25%$124 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$94 thousand
  • Sewer systems$30 thousand
Police, fire, courts and jails
18%$90 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$80 thousand
  • Courts and legal services$6 thousand
  • Inspections and regulation$4 thousand
Interest on debt
0.4%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Diamond City. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Diamond City 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.