Town government · Independence County, AR
Magness's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Magness took in $77 thousand and spent $93 thousand.
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Where it comes from
What stands out
of Magness' money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.
Fines and other100%
Where it goes
What stands out
of Magness' spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.
Spending by category100%
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
- Sewer systems$23 thousand
- Garbage and solid waste$15 thousand
- Water supply$15 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$40 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Magness. 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 Town of Magness 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.