City government · Las Animas County, CO

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

In the latest recorded fiscal year (ended December 31, 2023), Trinidad took in $40.6 million and spent $42.9 million.

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

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Where it comes from

Fees for services (electric power, water)47%City taxes36%County and local tax money9.5%Fines and other5.7%State tax money2.6%

What stands out

30%

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

City taxes36%

Sales tax
30%$12.1 million
Property tax
4.0%$1.6 million
Other taxes
1.7%$701 thousand
What's in other taxesOther selective sales taxes; other licenses and 1 more
  • Other selective sales taxes$382 thousand
  • Other licenses$234 thousand
  • Occupation and business licenses$85 thousand

Amounts are by Census tax category.

Fees for services47%

Fees for services
47%$18.9 million
What's in fees for servicesElectric power; water and 5 more
  • Electric power$8.3 million
  • Water$3.6 million
  • Gas$3.5 million
  • Sewer$2.4 million
  • Garbage collection$830 thousand
  • Other service charges$245 thousand
  • Parks and recreation$73 thousand

Amounts are by Census type of charge.

State tax money2.6%

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

From the state
2.6%$1.1 million

County and local tax money9.5%

Money passed on by the county or other local governments.

From the county and other local governments
9.5%$3.9 million

Fines and other5.7%

Interest, rents and other
5.5%$2.3 million
Fines
0.1%$58 thousand

Where it goes

Running the government and other costs42%Water, sewer, trash and utilities41%Police, fire, courts and jails13%Parks, recreation and libraries3.8%Interest on debt0.4%Environment and natural resources0.2%

What stands out

42%

of Trinidad'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
42%$17.8 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$14.9 million
  • Central staff services (personnel, purchasing, technology)$1.4 million
  • Finance, tax collection and budgeting$992 thousand
  • Government buildings$479 thousand
Water, sewer, trash and utilities
41%$17.5 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 3 more
  • Electric power$8.9 million
  • Water supply$3.0 million
  • Gas supply$2.9 million
  • Sewer systems$1.8 million
  • Garbage and solid waste$769 thousand
Police, fire, courts and jails
13%$5.7 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$3.5 million
  • Fire protection$2.0 million
  • Courts and legal services$193 thousand
Parks, recreation and libraries
3.8%$1.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.2 million
  • Libraries$389 thousand
Interest on debt
0.4%$169 thousand
What's in interest on debtInterest on electric power debt; interest on water supply debt and 2 more
  • Interest on electric power debt$67 thousand
  • Interest on water supply debt$65 thousand
  • Interest on gas supply debt$32 thousand
  • Interest on general debt$5 thousand
Environment and natural resources
0.2%$104 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$104 thousand
Sources and moreWhere these numbers come from and what they cover

City of Trinidad. 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 City of Trinidad 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.