Town government · Faulkner County, AR

Mount Vernon's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Mount Vernon took in $29 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes from

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Where it comes from

State tax money52%County and local tax money38%Town taxes10%

What stands out

38%

of Mount Vernon's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes10%

Property tax

10%$3 thousand

State tax money52%

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

From the state

52%$15 thousand

County and local tax money38%

Money passed on by the county or other local governments.

From the county and other local governments

38%$11 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Mount Vernon. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Mount Vernon 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.