City government · Montgomery County, KS

Elk City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Elk City took in $539 thousand and spent $75 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes76%Fees for services (water, sewer)24%

What stands out

76%

of Elk City's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes76%

Property tax
76%$407 thousand

Fees for services24%

Fees for services
24%$132 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$66 thousand
  • Sewer$36 thousand
  • Garbage collection$30 thousand

Amounts are by Census type of charge.

Where it goes

Water, sewer, trash and utilities57%Running the government and other costs21%Interest on debt21%

What stands out

21%

of Elk City's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
57%$43 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$32 thousand
  • Sewer systems$11 thousand
Running the government and other costs
21%$16 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$16 thousand
Interest on debt
21%$16 thousand
Sources and moreWhere these numbers come from and what they cover

City of Elk City. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Elk City 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.