Town government · Vernon County, MO
Milo's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Milo took in $8 thousand and spent $5 thousand.
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Where it comes from
What stands out
of Milo's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.
Town taxes50%
What's in other taxesPublic utility taxes
- Public utility taxes$3 thousand
Amounts are by Census tax category.
State tax money50%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Milo'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%
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
- Other and not broken out$2 thousand
- Finance, tax collection and budgeting$1 thousand
What's in water, sewer, trash and utilitiesElectric power
- Electric power$2 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Milo. 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 Town of Milo 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.