City government · Tuscola County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Caro took in $7.4 million and spent $7.4 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)43%State tax money29%City taxes25%Fines and other3.4%

What stands out

29%

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

City taxes25%

Property tax
24%$1.8 million
Other taxes
0.4%$30 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$30 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services
43%$3.2 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$1.4 million
  • Water$824 thousand
  • Other service charges$538 thousand
  • Garbage collection$416 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%$2 thousand

State tax money29%

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

From the state
29%$2.2 million

Fines and other3.4%

Interest, rents and other
3.2%$240 thousand
Fines
0.2%$14 thousand

Where it goes

Water, sewer, trash and utilities47%Roads, transit and parking18%Running the government and other costs16%Police, fire, courts and jails14%Parks, recreation and libraries2.1%All other spending2.4%

What stands out

47%

of Caro'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
47%$3.5 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$1.6 million
  • Sewer systems$1.4 million
  • Garbage and solid waste$501 thousand
Roads, transit and parking
18%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Running the government and other costs
16%$1.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$589 thousand
  • Central staff services (personnel, purchasing, technology)$357 thousand
  • Government buildings$143 thousand
  • Finance, tax collection and budgeting$117 thousand
Police, fire, courts and jails
14%$1.1 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$797 thousand
  • Fire protection$256 thousand
Parks, recreation and libraries
2.1%$157 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$157 thousand
Interest on debt
2.0%$147 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$126 thousand
  • Interest on water supply debt$21 thousand
Sent to other local governments
0.4%$29 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$29 thousand
Sources and moreWhere these numbers come from and what they cover

City of Caro. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Caro 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.