Town government · Monroe County, AR

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

In the latest recorded fiscal year (ended December 31, 2021), Fargo took in $32 thousand and spent $3 thousand.

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

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Where it comes from

State tax money81%Fines and other16%Town taxes3.1%

What stands out

81%

of Fargo's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes3.1%

Property tax
3.1%$1 thousand

State tax money81%

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

From the state
81%$26 thousand

Fines and other16%

Interest, rents and other
16%$5 thousand

Where it goes

Roads, transit and parking100%

What stands out

100%

of Fargo's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
100%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Fargo. 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 Fargo 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.