City government · Marion County, AR

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

In the latest recorded fiscal year (ended December 31, 2021), Summit took in $637 thousand and spent $379 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)62%City taxes20%State tax money8.9%County and local tax money6.3%Fines and other2.7%

What stands out

10%

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

City taxes20%

Sales tax
10%$65 thousand
Other taxes
5.8%$37 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$37 thousand

Amounts are by Census tax category.

Property tax
3.6%$23 thousand

Fees for services62%

Fees for services
62%$398 thousand
What's in fees for servicesWater and sewer
  • Water$340 thousand
  • Sewer$58 thousand

Amounts are by Census type of charge.

State tax money8.9%

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

From the state
8.9%$57 thousand

County and local tax money6.3%

Money passed on by the county or other local governments.

From the county and other local governments
6.3%$40 thousand

Fines and other2.7%

Interest, rents and other
2.7%$17 thousand

Where it goes

Water, sewer, trash and utilities58%Running the government and other costs15%Police, fire, courts and jails14%Interest on debt11%Parks, recreation and libraries1.3%Roads, transit and parking1.1%

What stands out

11%

of Summit's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
58%$220 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$179 thousand
  • Sewer systems$41 thousand
Running the government and other costs
15%$56 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)$52 thousand
  • Finance, tax collection and budgeting$4 thousand
Police, fire, courts and jails
14%$53 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$53 thousand
Interest on debt
11%$41 thousand
Parks, recreation and libraries
1.3%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Roads, transit and parking
1.1%$4 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Summit. 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 City of Summit 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.