City government · Howard County, AR

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

In the latest recorded fiscal year (ended December 31, 2021), Mineral Springs took in $908 thousand and spent $507 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes49%Fees for services (water, sewer)35%Federal tax money13%State tax money2.1%County and local tax money0.9%Fines and other0.3%

What stands out

35%

of Mineral Springs' money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

City taxes49%

Other taxes
35%$317 thousand
What's in other taxesOther selective sales taxes and public utility taxes
  • Other selective sales taxes$266 thousand
  • Public utility taxes$51 thousand

Amounts are by Census tax category.

Sales tax
10%$91 thousand
Property tax
3.9%$35 thousand

Fees for services35%

Fees for services
35%$316 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$161 thousand
  • Sewer$107 thousand
  • Electric power$40 thousand
  • Gas$8 thousand

Amounts are by Census type of charge.

Federal tax money13%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
13%$119 thousand

State tax money2.1%

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

From the state
2.1%$19 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$8 thousand

Fines and other0.3%

Fines
0.3%$3 thousand

Where it goes

Water, sewer, trash and utilities63%Running the government and other costs20%Police, fire, courts and jails13%Interest on debt4.7%

What stands out

63%

of Mineral Springs' 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%

Water, sewer, trash and utilities
63%$320 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 2 more
  • Water supply$258 thousand
  • Sewer systems$38 thousand
  • Garbage and solid waste$21 thousand
  • Electric power$3 thousand
Running the government and other costs
20%$99 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$55 thousand
  • Finance, tax collection and budgeting$44 thousand
Police, fire, courts and jails
13%$64 thousand
What's in police, fire, courts and jailsCourts and legal services; police and 1 more
  • Courts and legal services$22 thousand
  • Police$22 thousand
  • Prisons and jails$20 thousand
Interest on debt
4.7%$24 thousand
Sources and moreWhere these numbers come from and what they cover

City of Mineral Springs. 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 City of Mineral 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.