City government · St Louis County, MO

Velda City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Velda City took in $500 thousand and spent $450 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes65%State tax money21%Fees for services (electric power, gas)14%

What stands out

51%

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

City taxes65%

Sales tax
51%$256 thousand
Other taxes
7.2%$36 thousand
What's in other taxesPublic utility taxes and tobacco taxes
  • Public utility taxes$31 thousand
  • Tobacco taxes$5 thousand

Amounts are by Census tax category.

Property tax
6.4%$32 thousand

Fees for services14%

Fees for services
14%$71 thousand
What's in fees for servicesElectric power; gas and 1 more
  • Electric power$35 thousand
  • Gas$24 thousand
  • Water$12 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$105 thousand

Where it goes

Police, fire, courts and jails99%Interest on debt0.7%

What stands out

99%

of Velda City'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%

Police, fire, courts and jails
99%$447 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$365 thousand
  • Courts and legal services$82 thousand
Interest on debt
0.7%$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Velda City. 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 City of Velda City 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.