City government · Daviess County, MO

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

In the latest recorded fiscal year (ended December 31, 2021), Gallatin took in $4.1 million and spent $2.4 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Fees for services (electric power, water)81%City taxes11%Federal tax money4.3%State tax money3.4%Fines and other0.1%

What stands out

81%

of Gallatin'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
6.1%$251 thousand
Other taxes
3.5%$145 thousand
What's in other taxesPublic utility taxes; motor vehicle licenses and 2 more
  • Public utility taxes$90 thousand
  • Motor vehicle licenses$27 thousand
  • Amusement licenses$25 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Property tax
1.6%$65 thousand

Fees for services81%

Fees for services
81%$3.3 million
What's in fees for servicesElectric power; water and 3 more
  • Electric power$2.0 million
  • Water$882 thousand
  • Sewer$387 thousand
  • Garbage collection$9 thousand
  • Parks and recreation$4 thousand

Amounts are by Census type of charge.

Federal tax money4.3%

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

From the federal government
4.3%$176 thousand

State tax money3.4%

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

From the state
3.4%$139 thousand

Fines and other0.1%

Fines
<0.1%$4 thousand
Interest, rents and other
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities59%Roads, transit and parking17%Interest on debt11%Police, fire, courts and jails7.2%Running the government and other costs4.3%Parks, recreation and libraries1.7%

What stands out

11%

of Gallatin's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
59%$1.4 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$860 thousand
  • Sewer systems$568 thousand
Roads, transit and parking
17%$400 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$400 thousand
Interest on debt
11%$256 thousand
What's in interest on debtInterest on water supply debt and interest on electric power debt
  • Interest on water supply debt$170 thousand
  • Interest on electric power debt$86 thousand
Police, fire, courts and jails
7.2%$174 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$172 thousand
  • Courts and legal services$2 thousand
Running the government and other costs
4.3%$103 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$103 thousand
Parks, recreation and libraries
1.7%$40 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$40 thousand
Sources and moreWhere these numbers come from and what they cover

City of Gallatin. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Gallatin 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.