City government · Marion County, MO

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

In the latest recorded fiscal year (ended April 30, 2022), Palmyra took in $7.6 million and spent $6.9 million.

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

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Where it comes from

Fees for services (electric power, water)68%City taxes21%Federal tax money4.8%Fines and other4.0%State tax money2.2%

What stands out

13%

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

City taxes21%

Sales tax
13%$948 thousand
Property tax
4.6%$352 thousand
Other taxes
4.1%$312 thousand
What's in other taxesPublic utility taxes; tobacco taxes and 4 more
  • Public utility taxes$274 thousand
  • Tobacco taxes$15 thousand
  • Public utility licenses$14 thousand
  • Alcoholic beverage licenses$6 thousand
  • Occupation and business licenses$2 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services68%

Fees for services
68%$5.1 million
What's in fees for servicesElectric power; water and 3 more
  • Electric power$3.6 million
  • Water$872 thousand
  • Sewer$547 thousand
  • Parks and recreation$67 thousand
  • Garbage collection$5 thousand

Amounts are by Census type of charge.

Federal tax money4.8%

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

From the federal government
4.8%$367 thousand

State tax money2.2%

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

From the state
2.2%$166 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$2 thousand

Fines and other4.0%

Interest, rents and other
3.1%$238 thousand
Fines
0.9%$65 thousand

Where it goes

Water, sewer, trash and utilities77%Police, fire, courts and jails10%Running the government and other costs3.5%Roads, transit and parking3.2%Interest on debt2.6%All other spending3.5%

What stands out

77%

of Palmyra's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
77%$5.3 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$3.9 million
  • Water supply$922 thousand
  • Sewer systems$429 thousand
  • Garbage and solid waste$52 thousand
Police, fire, courts and jails
10%$723 thousand
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
  • Police$670 thousand
  • Inspections and regulation$41 thousand
  • Courts and legal services$12 thousand
Running the government and other costs
3.5%$244 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$228 thousand
  • Finance, tax collection and budgeting$8 thousand
  • Government buildings$8 thousand
Roads, transit and parking
3.2%$218 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$218 thousand
Interest on debt
2.6%$177 thousand
What's in interest on debtInterest on electric power debt; interest on water supply debt and 1 more
  • Interest on electric power debt$110 thousand
  • Interest on water supply debt$53 thousand
  • Interest on general debt$14 thousand
Parks, recreation and libraries
2.3%$156 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$156 thousand
Environment and natural resources
1.1%$75 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$75 thousand
Housing and community development
0.2%$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Palmyra. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 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 Palmyra 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.