City government · Linn County, KS

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

In the latest recorded fiscal year (ended December 31, 2021), Prescott took in $320 thousand and spent $289 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, water)83%City taxes7.8%State tax money6.3%Fines and other2.2%County and local tax money0.9%

What stands out

83%

of Prescott's 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 taxes7.8%

Property tax
7.2%$23 thousand
Other taxes
0.6%$2 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$2 thousand

Amounts are by Census tax category.

Fees for services83%

Fees for services
83%$265 thousand
What's in fees for servicesElectric power; water and 2 more
  • Electric power$173 thousand
  • Water$55 thousand
  • Sewer$36 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

State tax money6.3%

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

From the state
6.3%$20 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$3 thousand

Fines and other2.2%

Interest, rents and other
2.2%$7 thousand

Where it goes

Water, sewer, trash and utilities73%Running the government and other costs21%Parks, recreation and libraries4.5%Roads, transit and parking1.0%Interest on debt1.0%

What stands out

73%

of Prescott'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
73%$210 thousand
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$134 thousand
  • Water supply$51 thousand
  • Sewer systems$25 thousand
Running the government and other costs
21%$60 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$60 thousand
Parks, recreation and libraries
4.5%$13 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$7 thousand
  • Libraries$6 thousand
Roads, transit and parking
1.0%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Interest on debt
1.0%$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Prescott. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Prescott 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.