City government · Izard County, AR

Horseshoe Bend's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Horseshoe Bend took in $1.6 million and spent $679 thousand.

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

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Where it comes from

Fees for services (water, sewer)56%City taxes38%Fines and other3.7%State tax money2.2%

What stands out

28%

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

City taxes38%

Sales tax
28%$451 thousand
Property tax
10%$169 thousand

Fees for services56%

Fees for services
56%$901 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$586 thousand
  • Sewer$214 thousand
  • Garbage collection$101 thousand

Amounts are by Census type of charge.

State tax money2.2%

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

From the state
2.2%$35 thousand

Fines and other3.7%

Interest, rents and other
2.6%$42 thousand
Fines
1.1%$17 thousand

Where it goes

Sent to other local governments49%Running the government and other costs32%Police, fire, courts and jails12%Interest on debt3.1%Water, sewer, trash and utilities2.8%Parks, recreation and libraries1.0%

What stands out

49%

of Horseshoe Bend's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Sent to other local governments
49%$334 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$334 thousand
Running the government and other costs
32%$218 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$218 thousand
Police, fire, courts and jails
12%$80 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$49 thousand
  • Courts and legal services$31 thousand
Interest on debt
3.1%$21 thousand
Water, sewer, trash and utilities
2.8%$19 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$19 thousand
Parks, recreation and libraries
1.0%$7 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$7 thousand
Sources and moreWhere these numbers come from and what they cover

City of Horseshoe Bend. 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 Horseshoe Bend 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.