Town government · Eagle County, CO

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

In the latest recorded fiscal year (ended December 31, 2021), Basalt took in $17.3 million and spent $18.2 million.

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

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Where it comes from

Town taxes89%Fees for services (water)6.2%Fines and other2.6%County and local tax money1.9%

What stands out

61%

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

Town taxes89%

Sales tax
61%$10.6 million
Other taxes
16%$2.8 million
What's in other taxesOther licenses
  • Other licenses$2.8 million

Amounts are by Census tax category.

Property tax
12%$2.1 million

Fees for services6.2%

Fees for services
6.2%$1.1 million
What's in fees for servicesWater
  • Water$1.1 million

Amounts are by Census type of charge.

County and local tax money1.9%

Money passed on by the county or other local governments.

From the county and other local governments
1.9%$329 thousand

Fines and other2.6%

Interest, rents and other
2.4%$413 thousand
Fines
0.2%$31 thousand

Where it goes

Running the government and other costs77%Police, fire, courts and jails12%Water, sewer, trash and utilities4.8%Parks, recreation and libraries4.2%Housing and community development1.5%Interest on debt0.5%

What stands out

77%

of Basalt'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
77%$14.0 million
What's in running the government and other costsGovernment buildings; central staff services (personnel, purchasing, technology) and 2 more
  • Government buildings$9.9 million
  • Central staff services (personnel, purchasing, technology)$2.7 million
  • Finance, tax collection and budgeting$1.1 million
  • Other and not broken out$257 thousand
Police, fire, courts and jails
12%$2.2 million
What's in police, fire, courts and jailsPolice
  • Police$2.2 million
Water, sewer, trash and utilities
4.8%$881 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$881 thousand
Parks, recreation and libraries
4.2%$759 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$759 thousand
Housing and community development
1.5%$264 thousand
Interest on debt
0.5%$82 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$61 thousand
  • Interest on general debt$21 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Basalt. 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 Basalt 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.