City government · Grant County, AR

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

In the latest recorded fiscal year (ended December 31, 2023), Sheridan took in $7.9 million and spent $7.8 million.

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

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Where it comes from

City taxes53%Fees for services (water, sewer)33%Fines and other7.3%State tax money7.0%Federal tax money0.2%

What stands out

46%

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

City taxes53%

Sales tax
46%$3.6 million
Other taxes
4.8%$377 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$350 thousand
  • Other licenses$27 thousand

Amounts are by Census tax category.

Property tax
1.8%$142 thousand

Fees for services33%

Fees for services
33%$2.6 million
What's in fees for servicesOther service charges; water and 3 more
  • Other service charges$995 thousand
  • Water$592 thousand
  • Sewer$506 thousand
  • Garbage collection$396 thousand
  • Parks and recreation$86 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$14 thousand

State tax money7.0%

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

From the state
7.0%$556 thousand

Fines and other7.3%

Interest, rents and other
4.3%$342 thousand
Fines
2.9%$232 thousand

Where it goes

Police, fire, courts and jails49%Water, sewer, trash and utilities21%Parks, recreation and libraries18%Running the government and other costs6.3%Roads, transit and parking5.1%Interest on debt0.6%

What stands out

49%

of Sheridan's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
49%$3.8 million
What's in police, fire, courts and jailsPrisons and jails; police and 2 more
  • Prisons and jails$2.8 million
  • Police$708 thousand
  • Fire protection$261 thousand
  • Courts and legal services$11 thousand
Water, sewer, trash and utilities
21%$1.7 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$634 thousand
  • Water supply$632 thousand
  • Garbage and solid waste$386 thousand
Parks, recreation and libraries
18%$1.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.4 million
Running the government and other costs
6.3%$489 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$295 thousand
  • Other and not broken out$120 thousand
  • Finance, tax collection and budgeting$74 thousand
Roads, transit and parking
5.1%$397 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$397 thousand
Interest on debt
0.6%$47 thousand
Sources and moreWhere these numbers come from and what they cover

City of Sheridan. 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 Sheridan 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.