City government · Osceola County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Reed City took in $5.4 million and spent $6.8 million.

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

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Where it comes from

Fees for services (sewer, water)49%State tax money20%City taxes13%Federal tax money9.2%Fines and other8.4%

What stands out

9.2%

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

City taxes13%

Property tax
12%$657 thousand
Other taxes
0.6%$33 thousand
What's in other taxesOccupation and business licenses and other licenses
  • Occupation and business licenses$32 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services49%

Fees for services
49%$2.7 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$1.5 million
  • Water$615 thousand
  • Housing$399 thousand
  • Other service charges$111 thousand
  • Parks and recreation$4 thousand

Amounts are by Census type of charge.

Federal tax money9.2%

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

From the federal government
9.2%$498 thousand

State tax money20%

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

From the state
20%$1.1 million

Fines and other8.4%

Interest, rents and other
7.5%$406 thousand
Fines
0.9%$46 thousand

Where it goes

Water, sewer, trash and utilities33%Sent to other local governments22%Police, fire, courts and jails13%Running the government and other costs11%Roads, transit and parking11%All other spending10%

What stands out

22%

of Reed City's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
33%$2.2 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$2.2 million
  • Garbage and solid waste$33 thousand
Sent to other local governments
22%$1.5 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$1.4 million
  • Sent to the state government$52 thousand
Police, fire, courts and jails
13%$911 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$451 thousand
  • Fire protection$419 thousand
  • Courts and legal services$41 thousand
Running the government and other costs
11%$775 thousand
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$482 thousand
  • Central staff services (personnel, purchasing, technology)$174 thousand
  • Finance, tax collection and budgeting$96 thousand
  • Government buildings$23 thousand
Roads, transit and parking
11%$722 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$722 thousand
Housing and community development
7.5%$503 thousand
Parks, recreation and libraries
1.6%$111 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$111 thousand
Interest on debt
1.1%$74 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$56 thousand
  • Interest on water supply debt$18 thousand
Sources and moreWhere these numbers come from and what they cover

City of Reed City. 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 Reed 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.