City government · Howard County, MO

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

In the latest recorded fiscal year (ended June 30, 2024), Fayette took in $4.7 million and spent $5.0 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, water)87%City taxes11%State tax money2.0%Federal tax money0.3%

What stands out

87%

of Fayette's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes11%

Sales tax
8.0%$374 thousand
Property tax
3.1%$145 thousand
Other taxes
<0.1%$3 thousand
What's in other taxesTobacco taxes
  • Tobacco taxes$3 thousand

Amounts are by Census tax category.

Fees for services87%

Fees for services
87%$4.1 million
What's in fees for servicesElectric power; water and 1 more
  • Electric power$2.6 million
  • Water$802 thousand
  • Sewer$663 thousand

Amounts are by Census type of charge.

Federal tax money0.3%

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

From the federal government
0.3%$14 thousand

State tax money2.0%

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

From the state
2.0%$95 thousand

Where it goes

Water, sewer, trash and utilities63%Police, fire, courts and jails14%Parks, recreation and libraries8.3%Roads, transit and parking7.9%Running the government and other costs7.2%Interest on debt0.1%

What stands out

63%

of Fayette'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
63%$3.1 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 1 more
  • Electric power$2.2 million
  • Sewer systems$587 thousand
  • Water supply$308 thousand
Police, fire, courts and jails
14%$675 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$648 thousand
  • Fire protection$27 thousand
Parks, recreation and libraries
8.3%$414 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$414 thousand
Roads, transit and parking
7.9%$394 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$394 thousand
Running the government and other costs
7.2%$359 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$333 thousand
  • Central staff services (personnel, purchasing, technology)$26 thousand
Interest on debt
0.1%$7 thousand
Sources and moreWhere these numbers come from and what they cover

City of Fayette. 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 Fayette 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.