City government · Floyd County, GA

Cave Spring's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Cave Spring took in $3.1 million and spent $2.7 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)61%County and local tax money25%City taxes9.6%Fines and other3.7%Federal tax money0.8%State tax money0.8%

What stands out

25%

of Cave Spring's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes9.6%

Other taxes
8.2%$255 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 3 more
  • Insurance premium taxes$96 thousand
  • Public utility taxes$88 thousand
  • Occupation and business licenses$29 thousand
  • Alcoholic beverage taxes$26 thousand
  • Other selective sales taxes$16 thousand

Amounts are by Census tax category.

Property tax
1.4%$42 thousand

Fees for services61%

Fees for services
61%$1.9 million
What's in fees for servicesWater; sewer and 2 more
  • Water$689 thousand
  • Sewer$649 thousand
  • Other service charges$440 thousand
  • Garbage collection$102 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$26 thousand

State tax money0.8%

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

From the state
0.8%$26 thousand

County and local tax money25%

Money passed on by the county or other local governments.

From the county and other local governments
25%$761 thousand

Fines and other3.7%

Fines
3.1%$96 thousand
Interest, rents and other
0.6%$20 thousand

Where it goes

Water, sewer, trash and utilities43%Police, fire, courts and jails30%Roads, transit and parking9.7%Running the government and other costs9.1%Interest on debt6.1%All other spending1.9%

What stands out

30%

of Cave Spring's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
43%$1.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$909 thousand
  • Sewer systems$187 thousand
  • Garbage and solid waste$85 thousand
Police, fire, courts and jails
30%$820 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$383 thousand
  • Fire protection$382 thousand
  • Courts and legal services$53 thousand
  • Inspections and regulation$2 thousand
Roads, transit and parking
9.7%$266 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$266 thousand
Running the government and other costs
9.1%$248 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$111 thousand
  • Finance, tax collection and budgeting$62 thousand
  • Government buildings$54 thousand
  • Central staff services (personnel, purchasing, technology)$18 thousand
  • Other government-run businesses$3 thousand
Interest on debt
6.1%$168 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$96 thousand
  • Interest on water supply debt$72 thousand
Parks, recreation and libraries
1.8%$50 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$50 thousand
Sent to other local governments
0.1%$3 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cave Spring. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Cave Spring 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.