City government · Texas County, MO

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

In the latest recorded fiscal year (ended March 31, 2022), Licking took in $2.4 million and spent $1.6 million.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

City taxes32%Fees for services (water, sewer)25%Fines and other25%Federal tax money13%State tax money6.1%

What stands out

15%

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

City taxes32%

Sales tax
15%$375 thousand
Other taxes
14%$333 thousand
What's in other taxesOther selective sales taxes; other taxes not classified elsewhere and 3 more
  • Other selective sales taxes$310 thousand
  • Other taxes not classified elsewhere$16 thousand
  • Public utility taxes$3 thousand
  • Occupation and business licenses$3 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Property tax
2.6%$62 thousand
Business income tax
<0.1%$1 thousand

Fees for services25%

Fees for services
25%$597 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$350 thousand
  • Sewer$157 thousand
  • Parks and recreation$45 thousand
  • Garbage collection$25 thousand
  • Other service charges$20 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$313 thousand

State tax money6.1%

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

From the state
6.1%$149 thousand

Fines and other25%

Interest, rents and other
24%$572 thousand
Fines
1.0%$24 thousand

Where it goes

Running the government and other costs39%Water, sewer, trash and utilities31%Police, fire, courts and jails20%Parks, recreation and libraries7.6%Interest on debt1.7%Roads, transit and parking1.4%

What stands out

39%

of Licking's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
39%$624 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$465 thousand
  • Central staff services (personnel, purchasing, technology)$159 thousand
Water, sewer, trash and utilities
31%$496 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$281 thousand
  • Water supply$215 thousand
Police, fire, courts and jails
20%$313 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$259 thousand
  • Fire protection$42 thousand
  • Courts and legal services$12 thousand
Parks, recreation and libraries
7.6%$122 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$122 thousand
Interest on debt
1.7%$27 thousand
Roads, transit and parking
1.4%$23 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$23 thousand
Sources and moreWhere these numbers come from and what they cover

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

What this covers. The money of City of Licking 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.