City government · Franklin County, ID
Preston's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2021), Preston took in $5.6 million and spent $113 thousand.
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Where it comes from
What stands out
of Preston's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.
City taxes18%
What's in other taxesOther licenses; occupation and business licenses and 1 more
- Other licenses$105 thousand
- Occupation and business licenses$17 thousand
- Alcoholic beverage licenses$2 thousand
Amounts are by Census tax category.
Fees for services45%
What's in fees for servicesWater; sewer and 2 more
- Water$1.4 million
- Sewer$945 thousand
- Other service charges$112 thousand
- Parks and recreation$65 thousand
Amounts are by Census type of charge.
Federal tax money11%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money12%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money1.7%
Money passed on by the county or other local governments.
Fines and other12%
Where it goes
The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.
Spending by category100%
Sources and moreWhere these numbers come from and what they cover
City of Preston. 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 Preston 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.