Town government · Jackson County, FL
Bascom's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2021), Bascom took in $50 thousand and spent $52 thousand.
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Where it comes from
What stands out
of Bascom's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.
Town taxes40%
What's in other taxesOther taxes not classified elsewhere; occupation and business licenses and 1 more
- Other taxes not classified elsewhere$14 thousand
- Occupation and business licenses$4 thousand
- Public utility taxes$2 thousand
Amounts are by Census tax category.
State tax money32%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money24%
Money passed on by the county or other local governments.
Fines and other4.0%
Where it goes
What stands out
of Bascom'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%
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$25 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
- Finance, tax collection and budgeting$18 thousand
- Central staff services (personnel, purchasing, technology)$5 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$4 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Bascom. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Town of Bascom 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.