Town government · Clark County, AR

Gum Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Gum Springs took in $516 thousand and spent $181 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 money59%Fees for services (water, sewer)20%Town taxes14%County and local tax money7.2%Fines and other0.2%

What stands out

59%

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

Town taxes14%

Sales tax
7.8%$40 thousand
Other taxes
6.4%$33 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$33 thousand

Amounts are by Census tax category.

Property tax
0.2%$1 thousand

Fees for services20%

Fees for services
20%$101 thousand
What's in fees for servicesWater and sewer
  • Water$82 thousand
  • Sewer$19 thousand

Amounts are by Census type of charge.

State tax money59%

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

From the state
59%$303 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%$37 thousand

Fines and other0.2%

Interest, rents and other
0.2%$1 thousand

Where it goes

Water, sewer, trash and utilities51%Running the government and other costs49%

What stands out

49%

of Gum Springs' 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%

Water, sewer, trash and utilities
51%$92 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$75 thousand
  • Sewer systems$17 thousand
Running the government and other costs
49%$89 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$89 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Gum Springs. 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 Gum Springs 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.