Town government · Dolores County, CO

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

In the latest recorded fiscal year (ended December 31, 2021), Rico took in $587 thousand and spent $429 thousand.

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

See every government that serves your ZIP

Where it comes from

Town taxes60%Fees for services (water)24%State tax money10%Fines and other3.1%County and local tax money2.0%

What stands out

39%

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

Town taxes60%

Sales tax
39%$230 thousand
Property tax
19%$112 thousand
Other taxes
2.2%$13 thousand
What's in other taxesMotor vehicle licenses; public utility licenses and 1 more
  • Motor vehicle licenses$6 thousand
  • Public utility licenses$6 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$142 thousand
What's in fees for servicesWater
  • Water$142 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$60 thousand

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$12 thousand

Fines and other3.1%

Fines
2.0%$12 thousand
Interest, rents and other
1.0%$6 thousand

Where it goes

Water, sewer, trash and utilities69%Running the government and other costs22%Police, fire, courts and jails7.2%Parks, recreation and libraries2.1%

What stands out

69%

of Rico's 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
69%$296 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$296 thousand
Running the government and other costs
22%$93 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$75 thousand
  • Government buildings$12 thousand
  • Finance, tax collection and budgeting$6 thousand
Police, fire, courts and jails
7.2%$31 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$20 thousand
  • Courts and legal services$11 thousand
Parks, recreation and libraries
2.1%$9 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Rico. 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 Rico 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.