City government · Bingham County, ID
Basalt's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2021), Basalt took in $297 thousand and spent $175 thousand.
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Where it comes from
What stands out
of Basalt's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.
City taxes6.7%
Fees for services61%
What's in fees for servicesSewer; water and 1 more
- Sewer$85 thousand
- Water$72 thousand
- Garbage collection$23 thousand
Amounts are by Census type of charge.
State tax money24%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other8.4%
Where it goes
What stands out
of Basalt's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.
Spending by category100%
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
- Finance, tax collection and budgeting$61 thousand
- Central staff services (personnel, purchasing, technology)$10 thousand
- Government buildings$2 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
- Garbage and solid waste$48 thousand
- Sewer systems$3 thousand
- Water supply$2 thousand
Sources and moreWhere these numbers come from and what they cover
City of Basalt. 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 Basalt 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.