Town government · Garfield County, CO

New Castle's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), New Castle took in $9.9 million and spent $8.9 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Town taxes37%Fees for services (sewer, water)36%State tax money11%Fines and other10%Federal tax money3.4%County and local tax money1.9%

What stands out

26%

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

Town taxes37%

Sales tax
26%$2.6 million
Property tax
5.3%$524 thousand
Other taxes
5.1%$501 thousand
What's in other taxesOther selective sales taxes; public utility taxes and 3 more
  • Other selective sales taxes$297 thousand
  • Public utility taxes$174 thousand
  • Motor vehicle licenses$19 thousand
  • Occupation and business licenses$7 thousand
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$3.6 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$1.6 million
  • Water$1.2 million
  • Garbage collection$606 thousand
  • Parks and recreation$136 thousand
  • Other government-run businesses$19 thousand

Amounts are by Census type of charge.

Federal tax money3.4%

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

From the federal government
3.4%$339 thousand

State tax money11%

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

From the state
11%$1.1 million

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%$187 thousand

Fines and other10%

Interest, rents and other
10%$1.0 million
Fines
0.1%$13 thousand

Where it goes

Water, sewer, trash and utilities40%Running the government and other costs16%Police, fire, courts and jails16%Parks, recreation and libraries14%Roads, transit and parking12%All other spending2.0%

What stands out

14%

of New Castle'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%$3.6 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.5 million
  • Water supply$1.5 million
  • Garbage and solid waste$593 thousand
Running the government and other costs
16%$1.4 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$1.1 million
  • Finance, tax collection and budgeting$245 thousand
  • Government buildings$76 thousand
  • Other government-run businesses$1 thousand
Police, fire, courts and jails
16%$1.4 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$1.4 million
  • Courts and legal services$44 thousand
Parks, recreation and libraries
14%$1.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.2 million
Roads, transit and parking
12%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Interest on debt
1.5%$137 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$118 thousand
  • Interest on water supply debt$19 thousand
Social services
0.5%$41 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$41 thousand
Sources and moreWhere these numbers come from and what they cover

Town of New Castle. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Town of New Castle 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.