City government · Bannock County, ID

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

In the latest recorded fiscal year (ended September 30, 2021), Inkom took in $1.0 million and spent $784 thousand.

Latest recorded year: ended September 30, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (sewer, water)47%City taxes31%State tax money22%County and local tax money1.2%

What stands out

29%

of Inkom's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes31%

Property tax
29%$293 thousand
Other taxes
1.4%$14 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$14 thousand

Amounts are by Census tax category.

Fees for services47%

Fees for services
47%$468 thousand
What's in fees for servicesSewer; water and 3 more
  • Sewer$209 thousand
  • Water$174 thousand
  • Garbage collection$72 thousand
  • Other service charges$12 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

State tax money22%

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

From the state
22%$218 thousand

County and local tax money1.2%

Money passed on by the county or other local governments.

From the county and other local governments
1.2%$12 thousand

Where it goes

Water, sewer, trash and utilities51%Running the government and other costs26%Police, fire, courts and jails16%Parks, recreation and libraries4.6%Interest on debt2.9%

What stands out

51%

of Inkom's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
51%$396 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$143 thousand
  • Water supply$129 thousand
  • Sewer systems$124 thousand
Running the government and other costs
26%$206 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$112 thousand
  • Other and not broken out$94 thousand
Police, fire, courts and jails
16%$123 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$95 thousand
  • Fire protection$28 thousand
Parks, recreation and libraries
4.6%$36 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$36 thousand
Interest on debt
2.9%$23 thousand
Sources and moreWhere these numbers come from and what they cover

City of Inkom. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Inkom 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.