City government · Independence County, AR

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

In the latest recorded fiscal year (ended December 31, 2021), Newark took in $919 thousand and spent $891 thousand.

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

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Where it comes from

Fees for services (water, sewer)58%City taxes41%County and local tax money1.4%Fines and other0.1%

What stands out

25%

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

City taxes41%

Sales tax
25%$234 thousand
Property tax
8.4%$77 thousand
Other taxes
6.9%$63 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$63 thousand

Amounts are by Census tax category.

Fees for services58%

Fees for services
58%$531 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$312 thousand
  • Sewer$153 thousand
  • Garbage collection$66 thousand

Amounts are by Census type of charge.

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments
1.4%$13 thousand

Fines and other0.1%

Fines
0.1%$1 thousand

Where it goes

Running the government and other costs57%Water, sewer, trash and utilities22%Police, fire, courts and jails14%Interest on debt4.0%Parks, recreation and libraries2.4%Health and hospitals0.1%

What stands out

57%

of Newark's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
57%$512 thousand
What's in running the government and other costsOther and not broken out; other government-run businesses and 1 more
  • Other and not broken out$459 thousand
  • Other government-run businesses$27 thousand
  • Central staff services (personnel, purchasing, technology)$26 thousand
Water, sewer, trash and utilities
22%$197 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$135 thousand
  • Sewer systems$58 thousand
  • Garbage and solid waste$4 thousand
Police, fire, courts and jails
14%$124 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$106 thousand
  • Fire protection$14 thousand
  • Courts and legal services$4 thousand
Interest on debt
4.0%$36 thousand
Parks, recreation and libraries
2.4%$21 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$21 thousand
Health and hospitals
0.1%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Newark. 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 Newark 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.