Town government · Baca County, CO

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

In the latest recorded fiscal year (ended December 31, 2021), Springfield took in $4.1 million and spent $3.7 million.

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

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Where it comes from

Fees for services (electric power, water)66%Town taxes19%State tax money7.2%County and local tax money6.0%Fines and other1.7%

What stands out

14%

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

Town taxes19%

Sales tax
14%$558 thousand
Property tax
3.7%$151 thousand
Other taxes
1.4%$59 thousand
What's in other taxesOther licenses; other selective sales taxes and 4 more
  • Other licenses$36 thousand
  • Other selective sales taxes$14 thousand
  • Motor vehicle licenses$6 thousand
  • Public utility taxes$1 thousand
  • Alcoholic beverage licenses$1 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services66%

Fees for services
66%$2.7 million
What's in fees for servicesElectric power; water and 5 more
  • Electric power$1.7 million
  • Water$433 thousand
  • Garbage collection$371 thousand
  • Sewer$197 thousand
  • Airport$11 thousand
  • Parks and recreation$5 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money7.2%

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

From the state
7.2%$295 thousand

County and local tax money6.0%

Money passed on by the county or other local governments.

From the county and other local governments
6.0%$247 thousand

Fines and other1.7%

Interest, rents and other
1.2%$51 thousand
Fines
0.5%$19 thousand

Where it goes

Water, sewer, trash and utilities55%Running the government and other costs23%Roads, transit and parking10%Police, fire, courts and jails9.1%Parks, recreation and libraries2.2%Interest on debt0.2%

What stands out

55%

of Springfield'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
55%$2.0 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$1.5 million
  • Water supply$256 thousand
  • Sewer systems$109 thousand
  • Garbage and solid waste$107 thousand
Running the government and other costs
23%$842 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and government buildings
  • Central staff services (personnel, purchasing, technology)$823 thousand
  • Government buildings$19 thousand
Roads, transit and parking
10%$377 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$298 thousand
  • Airports$79 thousand
Police, fire, courts and jails
9.1%$331 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$258 thousand
  • Fire protection$62 thousand
  • Courts and legal services$11 thousand
Parks, recreation and libraries
2.2%$81 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$81 thousand
Interest on debt
0.2%$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Springfield. 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 Springfield 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.