City government · Drew County, AR

Monticello's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Monticello took in $18.4 million and spent $31.8 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

City taxes65%Fees for services (water, sewer)24%State tax money5.1%Fines and other4.2%County and local tax money1.3%

What stands out

52%

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

City taxes65%

Sales tax
52%$9.5 million
Property tax
7.0%$1.3 million
Other taxes
6.2%$1.1 million
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$818 thousand
  • Other licenses$331 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$4.5 million
What's in fees for servicesWater; sewer and 2 more
  • Water$2.1 million
  • Sewer$1.7 million
  • Parks and recreation$523 thousand
  • Other service charges$128 thousand

Amounts are by Census type of charge.

State tax money5.1%

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

From the state
5.1%$943 thousand

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$237 thousand

Fines and other4.2%

Interest, rents and other
2.2%$414 thousand
Fines
2.0%$362 thousand

Where it goes

Police, fire, courts and jails32%Roads, transit and parking29%Parks, recreation and libraries17%Water, sewer, trash and utilities15%Running the government and other costs4.0%Interest on debt2.8%

What stands out

17%

of Monticello's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Police, fire, courts and jails
32%$10.1 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$7.1 million
  • Police$2.8 million
  • Courts and legal services$258 thousand
Roads, transit and parking
29%$9.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$9.3 million
Parks, recreation and libraries
17%$5.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5.5 million
Water, sewer, trash and utilities
15%$4.8 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$3.1 million
  • Sewer systems$1.7 million
Running the government and other costs
4.0%$1.3 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$700 thousand
  • Central staff services (personnel, purchasing, technology)$332 thousand
  • Other and not broken out$243 thousand
Interest on debt
2.8%$876 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$829 thousand
  • Interest on general debt$47 thousand
Sources and moreWhere these numbers come from and what they cover

City of Monticello. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Monticello 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.