Town government · Knox County, MO
Newark's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Newark took in $315 thousand and spent $23 thousand.
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Where it comes from
What stands out
of Newark's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes2.2%
Fees for services8.3%
What's in fees for servicesWater
- Water$26 thousand
Amounts are by Census type of charge.
County and local tax money90%
Money passed on by the county or other local governments.
Where it goes
What stands out
of Newark's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.
Spending by category100%
What's in police, fire, courts and jailsPolice and courts and legal services
- Police$11 thousand
- Courts and legal services$4 thousand
What's in water, sewer, trash and utilitiesWater supply
- Water supply$8 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Newark. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Town of Newark 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.