City government · Phillips County, CO

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

In the latest recorded fiscal year (ended December 31, 2021), Holyoke took in $6.1 million and spent $5.1 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, garbage collection)62%City taxes19%Federal tax money9.1%Fines and other7.2%State tax money2.4%County and local tax money0.6%

What stands out

11%

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

City taxes19%

Sales tax
11%$661 thousand
Property tax
6.9%$421 thousand
Other taxes
1.0%$62 thousand
What's in other taxesOther selective sales taxes; occupation and business licenses and 1 more
  • Other selective sales taxes$28 thousand
  • Occupation and business licenses$18 thousand
  • Other licenses$16 thousand

Amounts are by Census tax category.

Fees for services62%

Fees for services
62%$3.8 million
What's in fees for servicesElectric power; garbage collection and 5 more
  • Electric power$2.7 million
  • Garbage collection$307 thousand
  • Sewer$295 thousand
  • Water$262 thousand
  • Airport$166 thousand
  • Parks and recreation$46 thousand
  • Other government-run businesses$36 thousand

Amounts are by Census type of charge.

Federal tax money9.1%

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

From the federal government
9.1%$558 thousand

State tax money2.4%

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

From the state
2.4%$149 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$37 thousand

Fines and other7.2%

Interest, rents and other
7.2%$438 thousand
Fines
<0.1%$5 thousand

Where it goes

Water, sewer, trash and utilities40%Roads, transit and parking21%Running the government and other costs15%Police, fire, courts and jails12%Parks, recreation and libraries11%

What stands out

11%

of Holyoke'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%

Water, sewer, trash and utilities
40%$2.0 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$1.5 million
  • Water supply$225 thousand
  • Garbage and solid waste$220 thousand
  • Sewer systems$105 thousand
Roads, transit and parking
21%$1.1 million
What's in roads, transit and parkingAirports and roads and highways
  • Airports$665 thousand
  • Roads and highways$434 thousand
Running the government and other costs
15%$776 thousand
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$459 thousand
  • Central staff services (personnel, purchasing, technology)$225 thousand
  • Other government-run businesses$81 thousand
  • Government buildings$11 thousand
Police, fire, courts and jails
12%$634 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$414 thousand
  • Fire protection$220 thousand
Parks, recreation and libraries
11%$578 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$460 thousand
  • Libraries$118 thousand
Sources and moreWhere these numbers come from and what they cover

City of Holyoke. 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 City of Holyoke 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.