City government · Wallace County, KS

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

In the latest recorded fiscal year (ended July 31, 2021), Wallace took in $59 thousand and spent $40 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water)47%City taxes42%Fines and other6.8%State tax money3.4%

What stands out

37%

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

City taxes42%

Property tax
37%$22 thousand
Other taxes
5.1%$3 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$3 thousand

Amounts are by Census tax category.

Fees for services47%

Fees for services
47%$28 thousand
What's in fees for servicesWater; other government-run businesses and 1 more
  • Water$26 thousand
  • Other government-run businesses$1 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money3.4%

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

From the state
3.4%$2 thousand

Fines and other6.8%

Interest, rents and other
6.8%$4 thousand

Where it goes

Water, sewer, trash and utilities50%Running the government and other costs45%Roads, transit and parking5.0%

What stands out

45%

of Wallace's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Water, sewer, trash and utilities
50%$20 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$20 thousand
Running the government and other costs
45%$18 thousand
What's in running the government and other costsOther and not broken out and other government-run businesses
  • Other and not broken out$16 thousand
  • Other government-run businesses$2 thousand
Roads, transit and parking
5.0%$2 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Wallace. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended July 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 Wallace 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.