Town government · Washington County, CO

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

In the latest recorded fiscal year (ended December 31, 2021), Akron took in $3.3 million and spent $3.9 million.

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

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Where it comes from

Town taxes42%Fees for services (water, sewer)32%State tax money20%Fines and other4.0%County and local tax money1.5%Federal tax money0.1%

What stands out

19%

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

Town taxes42%

Property tax
20%$653 thousand
Sales tax
19%$642 thousand
Other taxes
3.3%$110 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$72 thousand
  • Other licenses$38 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$1.1 million
What's in fees for servicesWater; sewer and 4 more
  • Water$441 thousand
  • Sewer$316 thousand
  • Garbage collection$260 thousand
  • Parks and recreation$33 thousand
  • Other service charges$8 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$4 thousand

State tax money20%

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

From the state
20%$668 thousand

County and local tax money1.5%

Money passed on by the county or other local governments.

From the county and other local governments
1.5%$51 thousand

Fines and other4.0%

Interest, rents and other
3.6%$120 thousand
Fines
0.4%$12 thousand

Where it goes

Running the government and other costs34%Water, sewer, trash and utilities23%Police, fire, courts and jails16%Parks, recreation and libraries15%Roads, transit and parking11%All other spending2.4%

What stands out

15%

of Akron'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%

Running the government and other costs
34%$1.3 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$995 thousand
  • Central staff services (personnel, purchasing, technology)$296 thousand
  • Other government-run businesses$30 thousand
  • Government buildings$12 thousand
Water, sewer, trash and utilities
23%$900 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$363 thousand
  • Sewer systems$288 thousand
  • Garbage and solid waste$249 thousand
Police, fire, courts and jails
16%$610 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$521 thousand
  • Fire protection$89 thousand
Parks, recreation and libraries
15%$580 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$511 thousand
  • Libraries$69 thousand
Roads, transit and parking
11%$417 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$367 thousand
  • Airports$50 thousand
Interest on debt
1.8%$69 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$65 thousand
  • Interest on water supply debt$4 thousand
Environment and natural resources
0.6%$24 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$24 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Akron. 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 Town of Akron 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.