City government · Howard County, MO

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

In the latest recorded fiscal year (ended June 30, 2022), Glasgow took in $1.8 million and spent $1.2 million.

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

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Where it comes from

Fees for services (water, sewer)50%City taxes36%Federal tax money6.1%Fines and other5.6%State tax money2.1%

What stands out

17%

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

City taxes36%

Sales tax
17%$308 thousand
Other taxes
17%$304 thousand
What's in other taxesOther selective sales taxes; public utility taxes and 4 more
  • Other selective sales taxes$161 thousand
  • Public utility taxes$133 thousand
  • Alcoholic beverage licenses$4 thousand
  • Other licenses$3 thousand
  • Occupation and business licenses$2 thousand
  • Tobacco taxes$1 thousand

Amounts are by Census tax category.

Property tax
2.2%$39 thousand

Fees for services50%

Fees for services
50%$902 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$487 thousand
  • Sewer$219 thousand
  • Other service charges$133 thousand
  • Parks and recreation$48 thousand
  • Garbage collection$15 thousand

Amounts are by Census type of charge.

Federal tax money6.1%

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

From the federal government
6.1%$109 thousand

State tax money2.1%

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

From the state
2.1%$37 thousand

Fines and other5.6%

Interest, rents and other
5.3%$95 thousand
Fines
0.3%$6 thousand

Where it goes

Water, sewer, trash and utilities44%Running the government and other costs24%Police, fire, courts and jails11%Parks, recreation and libraries8.8%Interest on debt8.8%All other spending3.6%

What stands out

8.8%

of Glasgow'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
44%$522 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$283 thousand
  • Garbage and solid waste$130 thousand
  • Sewer systems$109 thousand
Running the government and other costs
24%$283 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$283 thousand
Police, fire, courts and jails
11%$137 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$118 thousand
  • Courts and legal services$19 thousand
Parks, recreation and libraries
8.8%$105 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$59 thousand
  • Libraries$46 thousand
Interest on debt
8.8%$105 thousand
Roads, transit and parking
2.5%$30 thousand
What's in roads, transit and parkingParking
  • Parking$30 thousand
Social services
1.1%$13 thousand
What's in social servicesOther public welfare
  • Other public welfare$13 thousand
Sources and moreWhere these numbers come from and what they cover

City of Glasgow. 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 Glasgow 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.