Town government · Weld County, CO

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

In the latest recorded fiscal year (ended December 31, 2021), Mead took in $16.9 million and spent $12.8 million.

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

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Where it comes from

Town taxes58%Fines and other30%Fees for services (sewer, parks and recreation)7.6%State tax money3.1%County and local tax money0.8%Federal tax money<0.1%

What stands out

25%

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

Town taxes58%

Sales tax
25%$4.1 million
Property tax
20%$3.4 million
Other taxes
13%$2.3 million
What's in other taxesOther licenses; public utility taxes and 2 more
  • Other licenses$2.0 million
  • Public utility taxes$208 thousand
  • Occupation and business licenses$18 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services7.6%

Fees for services
7.6%$1.3 million
What's in fees for servicesSewer; other service charges and 1 more
  • Sewer$833 thousand
  • Other service charges$409 thousand
  • Parks and recreation$43 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$14 thousand

State tax money3.1%

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

From the state
3.1%$527 thousand

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$141 thousand

Fines and other30%

Interest, rents and other
30%$5.0 million
Fines
0.2%$34 thousand

Where it goes

Running the government and other costs52%Roads, transit and parking13%Police, fire, courts and jails12%Parks, recreation and libraries8.8%Housing and community development7.7%All other spending6.3%

What stands out

52%

of Mead'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
52%$6.6 million
What's in running the government and other costsOther and not broken out and government buildings
  • Other and not broken out$4.6 million
  • Government buildings$2.0 million
Roads, transit and parking
13%$1.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.7 million
Police, fire, courts and jails
12%$1.6 million
What's in police, fire, courts and jailsPolice
  • Police$1.6 million
Parks, recreation and libraries
8.8%$1.1 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.1 million
Housing and community development
7.7%$986 thousand
Water, sewer, trash and utilities
5.7%$730 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$730 thousand
Interest on debt
0.5%$67 thousand
Environment and natural resources
<0.1%$4 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Mead. 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 Mead 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.