City government · Van Buren County, AR

Fairfield Bay's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Fairfield Bay took in $2.6 million and spent $2.2 million.

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

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Where it comes from

City taxes44%Fees for services (parks and recreation)22%County and local tax money14%State tax money10%Fines and other7.8%Federal tax money2.8%

What stands out

24%

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

City taxes44%

Sales tax
24%$622 thousand
Property tax
12%$310 thousand
Other taxes
7.9%$207 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$158 thousand
  • Other selective sales taxes$39 thousand
  • Other licenses$10 thousand

Amounts are by Census tax category.

Fees for services22%

Fees for services
22%$573 thousand
What's in fees for servicesOther service charges and parks and recreation
  • Other service charges$558 thousand
  • Parks and recreation$15 thousand

Amounts are by Census type of charge.

Federal tax money2.8%

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

From the federal government
2.8%$74 thousand

State tax money10%

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

From the state
10%$264 thousand

County and local tax money14%

Money passed on by the county or other local governments.

From the county and other local governments
14%$356 thousand

Fines and other7.8%

Interest, rents and other
7.4%$192 thousand
Fines
0.5%$12 thousand

Where it goes

Police, fire, courts and jails57%Running the government and other costs19%Health and hospitals8.0%Roads, transit and parking7.2%Parks, recreation and libraries6.4%Interest on debt1.7%

What stands out

57%

of Fairfield Bay's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
57%$1.2 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.0 million
  • Fire protection$203 thousand
  • Courts and legal services$11 thousand
Running the government and other costs
19%$417 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$312 thousand
  • Finance, tax collection and budgeting$53 thousand
  • Other and not broken out$52 thousand
Health and hospitals
8.0%$174 thousand
What's in health and hospitalsPublic health
  • Public health$174 thousand
Roads, transit and parking
7.2%$157 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$157 thousand
Parks, recreation and libraries
6.4%$138 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$138 thousand
Interest on debt
1.7%$36 thousand
Sources and moreWhere these numbers come from and what they cover

City of Fairfield Bay. 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 Fairfield Bay 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.