City government · Clinch County, GA

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

In the latest recorded fiscal year (ended August 31, 2021), Fargo took in $272 thousand and spent $149 thousand.

Latest recorded year: ended August 31, 2021Comes from Goes to

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Where it comes from

County and local tax money32%Federal tax money26%Fees for services (water, parks and recreation)21%City taxes19%Fines and other1.5%

What stands out

32%

of Fargo'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 taxes19%

Other taxes

18%$48 thousand

What's in other taxesInsurance premium taxes; public utility taxes and 4 more

Insurance premium taxes$27 thousand
Public utility taxes$13 thousand
Alcoholic beverage taxes$5 thousand
Alcoholic beverage licenses$1 thousand
Occupation and business licenses$1 thousand
Other licenses$1 thousand

Amounts are by Census tax category.

Property tax

1.8%$5 thousand

Fees for services21%

Fees for services

21%$57 thousand

What's in fees for servicesWater; parks and recreation and 1 more

Water$23 thousand
Parks and recreation$19 thousand
Sewer$15 thousand

Amounts are by Census type of charge.

Federal tax money26%

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

From the federal government

26%$71 thousand

County and local tax money32%

Money passed on by the county or other local governments.

From the county and other local governments

32%$87 thousand

Fines and other1.5%

Interest, rents and other

1.5%$4 thousand

Where it goes

Running the government and other costs68%Water, sewer, trash and utilities14%Roads, transit and parking9.4%Parks, recreation and libraries6.7%Police, fire, courts and jails1.3%Interest on debt0.7%

What stands out

68%

of Fargo'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

68%$101 thousand

What's in running the government and other costsFinance, tax collection and budgeting and other and not broken out

Finance, tax collection and budgeting$75 thousand
Other and not broken out$26 thousand

Water, sewer, trash and utilities

14%$21 thousand

What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more

Water supply$9 thousand
Sewer systems$6 thousand
Garbage and solid waste$6 thousand

Roads, transit and parking

9.4%$14 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$14 thousand

Parks, recreation and libraries

6.7%$10 thousand

What's in parks, recreation and librariesLibraries

Libraries$10 thousand

Police, fire, courts and jails

1.3%$2 thousand

What's in police, fire, courts and jailsFire protection and police

Fire protection$1 thousand
Police$1 thousand

Interest on debt

0.7%$1 thousand

Sources and moreWhere these numbers come from and what they cover

City of Fargo. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended August 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Fargo 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.