Town government · Itawamba County, MS

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

In the latest recorded fiscal year (ended September 30, 2021), Tremont took in $411 thousand and spent $301 thousand.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

Fees for services (gas, water)66%State tax money18%Federal tax money14%Town taxes1.9%Fines and other0.5%

What stands out

14%

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

Town taxes1.9%

Other taxes
1.9%$8 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$8 thousand

Amounts are by Census tax category.

Fees for services66%

Fees for services
66%$272 thousand
What's in fees for servicesGas and water
  • Gas$140 thousand
  • Water$132 thousand

Amounts are by Census type of charge.

Federal tax money14%

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

From the federal government
14%$56 thousand

State tax money18%

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

From the state
18%$73 thousand

Fines and other0.5%

Interest, rents and other
0.5%$2 thousand

Where it goes

Water, sewer, trash and utilities78%Running the government and other costs9.3%Interest on debt7.3%Police, fire, courts and jails5.0%

What stands out

78%

of Tremont'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
78%$236 thousand
What's in water, sewer, trash and utilitiesWater supply and gas supply
  • Water supply$141 thousand
  • Gas supply$95 thousand
Running the government and other costs
9.3%$28 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$28 thousand
Interest on debt
7.3%$22 thousand
Police, fire, courts and jails
5.0%$15 thousand
What's in police, fire, courts and jailsPolice
  • Police$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Tremont. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Tremont 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.