City government · Thomas County, KS

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

In the latest recorded fiscal year (ended December 31, 2023), Colby took in $18.3 million and spent $18.7 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)56%City taxes32%State tax money5.0%County and local tax money4.7%Fines and other2.9%Federal tax money<0.1%

What stands out

16%

of Colby's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes32%

Sales tax
16%$2.9 million
Property tax
10%$1.9 million
Other taxes
5.4%$985 thousand
What's in other taxesOther selective sales taxes; motor vehicle licenses and 5 more
  • Other selective sales taxes$490 thousand
  • Motor vehicle licenses$257 thousand
  • Public utility taxes$191 thousand
  • Other licenses$35 thousand
  • Occupation and business licenses$6 thousand
  • Alcoholic beverage licenses$3 thousand
  • Amusement licenses$3 thousand

Amounts are by Census tax category.

Fees for services56%

Fees for services
56%$10.2 million
What's in fees for servicesElectric power; sewer and 4 more
  • Electric power$6.6 million
  • Sewer$1.4 million
  • Water$1.2 million
  • Garbage collection$832 thousand
  • Parks and recreation$129 thousand
  • Airport$21 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
<0.1%$14 thousand

State tax money5.0%

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

From the state
5.0%$919 thousand

County and local tax money4.7%

Money passed on by the county or other local governments.

From the county and other local governments
4.7%$863 thousand

Fines and other2.9%

Interest, rents and other
2.0%$370 thousand
Fines
0.9%$160 thousand

Where it goes

Water, sewer, trash and utilities47%Running the government and other costs20%Police, fire, courts and jails11%Roads, transit and parking11%Parks, recreation and libraries7.6%All other spending3.9%

What stands out

7.6%

of Colby'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%

Water, sewer, trash and utilities
47%$8.7 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$5.3 million
  • Water supply$1.5 million
  • Sewer systems$1.2 million
  • Garbage and solid waste$727 thousand
Running the government and other costs
20%$3.7 million
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
  • Other and not broken out$2.6 million
  • Finance, tax collection and budgeting$1.1 million
Police, fire, courts and jails
11%$2.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.3 million
  • Fire protection$473 thousand
  • Courts and legal services$182 thousand
  • Inspections and regulation$75 thousand
Roads, transit and parking
11%$2.0 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$1.5 million
  • Airports$482 thousand
Parks, recreation and libraries
7.6%$1.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.1 million
  • Libraries$339 thousand
Interest on debt
3.5%$645 thousand
Housing and community development
0.4%$77 thousand
Sources and moreWhere these numbers come from and what they cover

City of Colby. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Colby 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.