City government · Randolph County, MO

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

In the latest recorded fiscal year (ended April 30, 2024), Higbee took in $294 thousand and spent $76 thousand.

Latest recorded year: ended April 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (water)51%City taxes41%State tax money7.8%

What stands out

18%

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

City taxes41%

Sales tax
18%$52 thousand
Other taxes
12%$35 thousand
What's in other taxesPublic utility taxes and alcoholic beverage licenses
  • Public utility taxes$34 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Property tax
12%$34 thousand

Fees for services51%

Fees for services
51%$150 thousand
What's in fees for servicesWater
  • Water$150 thousand

Amounts are by Census type of charge.

State tax money7.8%

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

From the state
7.8%$23 thousand

Where it goes

Water, sewer, trash and utilities47%Police, fire, courts and jails20%Interest on debt17%Running the government and other costs16%

What stands out

17%

of Higbee'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
47%$36 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$36 thousand
Police, fire, courts and jails
20%$15 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$15 thousand
Interest on debt
17%$13 thousand
Running the government and other costs
16%$12 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Higbee. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended April 30, 2024.

What this covers. The money of City of Higbee 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.