City government · Bonner County, ID

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

In the latest recorded fiscal year (ended September 30, 2021), Oldtown took in $180 thousand and spent $11 thousand.

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

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Where it comes from

State tax money84%City taxes14%Fines and other1.7%

What stands out

84%

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

City taxes14%

Property tax
11%$20 thousand
Other taxes
3.3%$6 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$6 thousand

Amounts are by Census tax category.

State tax money84%

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

From the state
84%$151 thousand

Fines and other1.7%

Interest, rents and other
1.1%$2 thousand
Fines
0.6%$1 thousand

Where it goes

Parks, recreation and libraries91%Police, fire, courts and jails9.1%

What stands out

91%

of Oldtown's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Parks, recreation and libraries
91%$10 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$10 thousand
Police, fire, courts and jails
9.1%$1 thousand
What's in police, fire, courts and jailsPolice
  • Police$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Oldtown. 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 Oldtown 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.