City government · Moniteau County, MO

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

In the latest recorded fiscal year (ended September 30, 2021), Tipton took in $3.0 million and spent $1.9 million.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

City taxes45%Fees for services (sewer, water)33%State tax money17%Fines and other4.4%County and local tax money0.1%

What stands out

25%

of Tipton'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%.

City taxes45%

Other taxes
25%$733 thousand
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$507 thousand
  • Public utility taxes$222 thousand
  • Occupation and business licenses$4 thousand

Amounts are by Census tax category.

Sales tax
13%$379 thousand
Property tax
8.0%$240 thousand

Fees for services33%

Fees for services
33%$998 thousand
What's in fees for servicesSewer; water and 4 more
  • Sewer$556 thousand
  • Water$426 thousand
  • Parks and recreation$5 thousand
  • Garbage collection$5 thousand
  • Other government-run businesses$3 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

State tax money17%

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

From the state
17%$498 thousand

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$4 thousand

Fines and other4.4%

Interest, rents and other
4.1%$123 thousand
Fines
0.2%$7 thousand

Where it goes

Water, sewer, trash and utilities27%Roads, transit and parking25%Police, fire, courts and jails25%Running the government and other costs11%Parks, recreation and libraries5.7%Interest on debt5.6%

What stands out

25%

of Tipton's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
27%$509 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$357 thousand
  • Water supply$152 thousand
Roads, transit and parking
25%$472 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$472 thousand
Police, fire, courts and jails
25%$466 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$272 thousand
  • Fire protection$183 thousand
  • Courts and legal services$11 thousand
Running the government and other costs
11%$200 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$183 thousand
  • Other and not broken out$8 thousand
  • Other government-run businesses$6 thousand
  • Government buildings$3 thousand
Parks, recreation and libraries
5.7%$105 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$105 thousand
Interest on debt
5.6%$103 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$53 thousand
  • Interest on general debt$50 thousand
Sources and moreWhere these numbers come from and what they cover

City of Tipton. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Tipton 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.