City government · Caribou County, ID

Soda Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Soda Springs took in $6.2 million and spent $2.2 million.

Latest recorded year: ended September 30, 2023Comes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)74%City taxes21%Fines and other4.3%State tax money1.5%

What stands out

74%

of Soda Springs' 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 taxes21%

Property tax
17%$1.0 million
Sales tax
2.9%$183 thousand
Other taxes
0.9%$54 thousand
What's in other taxesAlcoholic beverage taxes; occupation and business licenses and 1 more
  • Alcoholic beverage taxes$41 thousand
  • Occupation and business licenses$9 thousand
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services74%

Fees for services
74%$4.6 million
What's in fees for servicesElectric power; sewer and 3 more
  • Electric power$2.7 million
  • Sewer$858 thousand
  • Water$839 thousand
  • Parks and recreation$148 thousand
  • Airport$12 thousand

Amounts are by Census type of charge.

State tax money1.5%

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

From the state
1.5%$93 thousand

Fines and other4.3%

Interest, rents and other
3.9%$242 thousand
Fines
0.4%$24 thousand

Where it goes

Water, sewer, trash and utilities48%Police, fire, courts and jails16%Roads, transit and parking15%Parks, recreation and libraries9.2%Running the government and other costs8.8%Interest on debt2.5%

What stands out

9.2%

of Soda Springs' 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%

Water, sewer, trash and utilities
48%$1.0 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; electric power and 2 more
  • Garbage and solid waste$427 thousand
  • Electric power$365 thousand
  • Sewer systems$150 thousand
  • Water supply$105 thousand
Police, fire, courts and jails
16%$355 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$256 thousand
  • Fire protection$77 thousand
  • Courts and legal services$22 thousand
Roads, transit and parking
15%$319 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$186 thousand
  • Airports$133 thousand
Parks, recreation and libraries
9.2%$200 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$131 thousand
  • Libraries$69 thousand
Running the government and other costs
8.8%$190 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 1 more
  • Government buildings$103 thousand
  • Finance, tax collection and budgeting$79 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
Interest on debt
2.5%$55 thousand
Sources and moreWhere these numbers come from and what they cover

City of Soda Springs. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.

What this covers. The money of City of Soda Springs 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.