City government · Branch County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Coldwater took in $84.5 million and spent $72.9 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)76%City taxes8.0%Fines and other7.9%State tax money6.3%Federal tax money1.9%

What stands out

76%

of Coldwater's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes8.0%

Property tax
7.3%$6.2 million
Other taxes
0.6%$520 thousand
What's in other taxesOccupation and business licenses and other selective sales taxes
  • Occupation and business licenses$517 thousand
  • Other selective sales taxes$3 thousand

Amounts are by Census tax category.

Fees for services76%

Fees for services
76%$64.2 million
What's in fees for servicesElectric power; sewer and 6 more
  • Electric power$47.9 million
  • Sewer$6.8 million
  • Water$4.3 million
  • Other government-run businesses$3.1 million
  • Garbage collection$680 thousand
  • Other service charges$589 thousand
  • Housing$536 thousand
  • Parks and recreation$226 thousand

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government
1.9%$1.6 million

State tax money6.3%

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

From the state
6.3%$5.3 million

Fines and other7.9%

Interest, rents and other
7.8%$6.6 million
Fines
<0.1%$47 thousand

Where it goes

Running the government and other costs70%Water, sewer, trash and utilities9.1%Police, fire, courts and jails8.4%Roads, transit and parking7.0%Interest on debt2.1%All other spending3.5%

What stands out

70%

of Coldwater's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
70%$50.9 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$49.5 million
  • Central staff services (personnel, purchasing, technology)$834 thousand
  • Finance, tax collection and budgeting$435 thousand
  • Government buildings$162 thousand
Water, sewer, trash and utilities
9.1%$6.7 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$5.9 million
  • Garbage and solid waste$721 thousand
Police, fire, courts and jails
8.4%$6.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.8 million
  • Fire protection$2.7 million
  • Inspections and regulation$408 thousand
  • Courts and legal services$208 thousand
Roads, transit and parking
7.0%$5.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5.1 million
Interest on debt
2.1%$1.6 million
What's in interest on debtInterest on general debt; interest on electric power debt and 1 more
  • Interest on general debt$879 thousand
  • Interest on electric power debt$625 thousand
  • Interest on water supply debt$63 thousand
Housing and community development
2.0%$1.5 million
Parks, recreation and libraries
1.5%$1.1 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.1 million
Sources and moreWhere these numbers come from and what they cover

City of Coldwater. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. 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 City of Coldwater 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.