City government · Garland County, AR
Hot Springs's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2023), Hot Springs took in $145 million and spent $164 million.
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Where it comes from
What stands out
of Hot Springs' money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.
City taxes32%
What's in other taxesOther selective sales taxes; public utility taxes and 5 more
- Other selective sales taxes$9.9 million
- Public utility taxes$3.2 million
- Occupation and business licenses$1.5 million
- Alcoholic beverage taxes$1.3 million
- Other licenses$929 thousand
- Pari-mutuel (betting) taxes$274 thousand
- Alcoholic beverage licenses$157 thousand
Amounts are by Census tax category.
Fees for services43%
What's in fees for servicesWater; sewer and 6 more
- Water$22.5 million
- Sewer$20.2 million
- Garbage collection$9.4 million
- Other service charges$6.7 million
- Airport$3.4 million
- Transit fares$118 thousand
- Parks and recreation$92 thousand
- Parking$82 thousand
Amounts are by Census type of charge.
Federal tax money8.0%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money6.7%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.9%
Money passed on by the county or other local governments.
Fines and other9.0%
Where it goes
What stands out
of Hot Springs' spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.
Spending by category100%
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$64.4 million
- Sewer systems$14.9 million
- Garbage and solid waste$9.3 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
- Police$19.3 million
- Fire protection$11.8 million
- Courts and legal services$1.3 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
- Other and not broken out$11.9 million
- Central staff services (personnel, purchasing, technology)$3.1 million
- Finance, tax collection and budgeting$1.2 million
- Government buildings$174 thousand
What's in roads, transit and parkingRoads and highways; airports and 2 more
- Roads and highways$7.3 million
- Airports$3.5 million
- Public transit$2.2 million
- Parking$264 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
- Interest on water supply debt$5.6 million
- Interest on general debt$4.8 million
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$2.6 million
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$424 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$68 thousand
Sources and moreWhere these numbers come from and what they cover
City of Hot Springs. 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 Hot 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.