Town government · Mineral County, CO

City of Creede's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), City of Creede took in $2.1 million and spent $1.5 million.

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

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Where it comes from

Town taxes61%Fees for services (water)18%State tax money14%Fines and other6.6%

What stands out

51%

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

Town taxes61%

Sales tax
51%$1.1 million
Property tax
5.3%$110 thousand
Other taxes
5.0%$103 thousand
What's in other taxesOther taxes not classified elsewhere and other licenses
  • Other taxes not classified elsewhere$93 thousand
  • Other licenses$10 thousand

Amounts are by Census tax category.

Fees for services18%

Fees for services
18%$371 thousand
What's in fees for servicesWater
  • Water$371 thousand

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$298 thousand

Fines and other6.6%

Interest, rents and other
6.6%$138 thousand

Where it goes

Parks, recreation and libraries32%Water, sewer, trash and utilities27%Running the government and other costs26%Roads, transit and parking13%Interest on debt2.2%

What stands out

32%

of City of Creede'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%

Parks, recreation and libraries
32%$483 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$483 thousand
Water, sewer, trash and utilities
27%$398 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$398 thousand
Running the government and other costs
26%$382 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$382 thousand
Roads, transit and parking
13%$191 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$191 thousand
Interest on debt
2.2%$33 thousand
Sources and moreWhere these numbers come from and what they cover

Town of City of Creede. 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 City of Creede 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.