City government · Jackson County, FL

Jacob City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Jacob City took in $341 thousand and spent $159 thousand.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

State tax money32%Federal tax money31%City taxes20%Fees for services (water)16%Fines and other1.5%

What stands out

31%

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

City taxes20%

Other taxes
16%$53 thousand
What's in other taxesOther taxes not classified elsewhere; occupation and business licenses and 1 more
  • Other taxes not classified elsewhere$38 thousand
  • Occupation and business licenses$13 thousand
  • Public utility taxes$2 thousand

Amounts are by Census tax category.

Property tax
4.7%$16 thousand

Fees for services16%

Fees for services
16%$53 thousand
What's in fees for servicesWater and other service charges
  • Water$51 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

Federal tax money31%

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

From the federal government
31%$106 thousand

State tax money32%

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

From the state
32%$108 thousand

Fines and other1.5%

Interest, rents and other
1.5%$5 thousand

Where it goes

Running the government and other costs53%Water, sewer, trash and utilities26%Environment and natural resources8.8%Interest on debt6.9%Parks, recreation and libraries5.7%

What stands out

53%

of Jacob City'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
53%$84 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$77 thousand
  • Central staff services (personnel, purchasing, technology)$7 thousand
Water, sewer, trash and utilities
26%$41 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$41 thousand
Environment and natural resources
8.8%$14 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$14 thousand
Interest on debt
6.9%$11 thousand
Parks, recreation and libraries
5.7%$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

City of Jacob City. 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 City of Jacob City 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.