Town government · Grand County, CO

Hot Sulphur Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Hot Sulphur Springs took in $1.3 million and spent $663 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)43%Town taxes39%State tax money8.9%Federal tax money7.3%Fines and other2.4%

What stands out

19%

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

Town taxes39%

Sales tax
19%$236 thousand
Property tax
17%$213 thousand
Other taxes
2.9%$37 thousand
What's in other taxesPublic utility licenses; other selective sales taxes and 1 more
  • Public utility licenses$34 thousand
  • Other selective sales taxes$2 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services
43%$540 thousand
What's in fees for servicesWater and sewer
  • Water$276 thousand
  • Sewer$264 thousand

Amounts are by Census type of charge.

Federal tax money7.3%

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

From the federal government
7.3%$92 thousand

State tax money8.9%

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

From the state
8.9%$112 thousand

Fines and other2.4%

Interest, rents and other
2.4%$30 thousand

Where it goes

Water, sewer, trash and utilities79%Parks, recreation and libraries9.8%Interest on debt6.0%Running the government and other costs3.0%Police, fire, courts and jails1.8%

What stands out

79%

of Hot Sulphur Springs' spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
79%$526 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$309 thousand
  • Sewer systems$217 thousand
Parks, recreation and libraries
9.8%$65 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$65 thousand
Interest on debt
6.0%$40 thousand
Running the government and other costs
3.0%$20 thousand
What's in running the government and other costsGovernment buildings
  • Government buildings$20 thousand
Police, fire, courts and jails
1.8%$12 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$12 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hot Sulphur Springs. 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 Hot Sulphur Springs 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.