City government · Latah County, ID

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

In the latest recorded fiscal year (ended September 30, 2021), Troy took in $1.3 million and spent $961 thousand.

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

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Where it comes from

Fees for services (water, sewer)51%State tax money30%City taxes19%Fines and other0.4%

What stands out

30%

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

City taxes19%

Property tax
18%$231 thousand
Other taxes
0.5%$6 thousand
What's in other taxesPublic utility taxes and alcoholic beverage licenses
  • Public utility taxes$5 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Fees for services51%

Fees for services
51%$648 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$376 thousand
  • Sewer$261 thousand
  • Parks and recreation$11 thousand

Amounts are by Census type of charge.

State tax money30%

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

From the state
30%$383 thousand

Fines and other0.4%

Interest, rents and other
0.4%$5 thousand

Where it goes

Water, sewer, trash and utilities72%Running the government and other costs11%Police, fire, courts and jails7.1%Parks, recreation and libraries5.4%Roads, transit and parking3.6%

What stands out

72%

of Troy'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
72%$696 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$321 thousand
  • Sewer systems$247 thousand
  • Garbage and solid waste$128 thousand
Running the government and other costs
11%$110 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$110 thousand
Police, fire, courts and jails
7.1%$68 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$50 thousand
  • Police$18 thousand
Parks, recreation and libraries
5.4%$52 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$52 thousand
Roads, transit and parking
3.6%$35 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$35 thousand
Sources and moreWhere these numbers come from and what they cover

City of Troy. 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 Troy 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.