Town government · Caddo Parish, LA

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

In the latest recorded fiscal year (ended December 31, 2023), Oil City took in $3.1 million and spent $2.2 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 (water, housing)37%Federal tax money34%Town taxes22%Fines and other4.7%State tax money3.1%

What stands out

34%

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

Town taxes22%

Sales tax
10%$326 thousand
Other taxes
7.2%$227 thousand
What's in other taxesPublic utility taxes; occupation and business licenses and 1 more
  • Public utility taxes$183 thousand
  • Occupation and business licenses$40 thousand
  • Public utility licenses$4 thousand

Amounts are by Census tax category.

Property tax
4.3%$136 thousand

Fees for services37%

Fees for services
37%$1.2 million
What's in fees for servicesWater; housing and 2 more
  • Water$592 thousand
  • Housing$493 thousand
  • Sewer$59 thousand
  • Other government-run businesses$8 thousand

Amounts are by Census type of charge.

Federal tax money34%

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

From the federal government
34%$1.1 million

State tax money3.1%

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

From the state
3.1%$96 thousand

Fines and other4.7%

Fines
2.6%$83 thousand
Interest, rents and other
2.1%$66 thousand

Where it goes

Housing and community development43%Water, sewer, trash and utilities37%Running the government and other costs10%Police, fire, courts and jails9.0%Sent to other local governments1.0%

What stands out

43%

of Oil City's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Housing and community development
43%$945 thousand
Water, sewer, trash and utilities
37%$812 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$598 thousand
  • Sewer systems$181 thousand
  • Garbage and solid waste$33 thousand
Running the government and other costs
10%$226 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$105 thousand
  • Central staff services (personnel, purchasing, technology)$103 thousand
  • Other and not broken out$10 thousand
  • Other government-run businesses$8 thousand
Police, fire, courts and jails
9.0%$198 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$167 thousand
  • Fire protection$31 thousand
Sent to other local governments
1.0%$21 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$21 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Oil City. 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 Town of Oil 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.