City government · Morgan County, MO

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

In the latest recorded fiscal year (ended December 31, 2021), Versailles took in $4.5 million and spent $4.0 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes52%Fees for services (sewer, water)28%State tax money7.9%County and local tax money6.3%Federal tax money4.7%Fines and other1.7%

What stands out

40%

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

City taxes52%

Sales tax
40%$1.8 million
Property tax
6.7%$305 thousand
Other taxes
4.4%$201 thousand
What's in other taxesPublic utility licenses; motor vehicle licenses and 2 more
  • Public utility licenses$189 thousand
  • Motor vehicle licenses$6 thousand
  • Alcoholic beverage licenses$5 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$1.3 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$773 thousand
  • Water$436 thousand
  • Parks and recreation$27 thousand
  • Airport$18 thousand
  • Garbage collection$2 thousand

Amounts are by Census type of charge.

Federal tax money4.7%

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

From the federal government
4.7%$213 thousand

State tax money7.9%

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

From the state
7.9%$360 thousand

County and local tax money6.3%

Money passed on by the county or other local governments.

From the county and other local governments
6.3%$286 thousand

Fines and other1.7%

Interest, rents and other
1.3%$59 thousand
Fines
0.4%$16 thousand

Where it goes

Water, sewer, trash and utilities26%Police, fire, courts and jails21%Running the government and other costs19%Roads, transit and parking13%Interest on debt7.4%All other spending13%

What stands out

7.4%

of Versailles' spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
26%$1.0 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$761 thousand
  • Water supply$193 thousand
  • Garbage and solid waste$95 thousand
Police, fire, courts and jails
21%$844 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$607 thousand
  • Fire protection$202 thousand
  • Courts and legal services$35 thousand
Running the government and other costs
19%$761 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$401 thousand
  • Central staff services (personnel, purchasing, technology)$291 thousand
  • Finance, tax collection and budgeting$69 thousand
Roads, transit and parking
13%$512 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$494 thousand
  • Airports$18 thousand
Interest on debt
7.4%$295 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$178 thousand
  • Interest on water supply debt$117 thousand
Sent to other local governments
7.4%$295 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$295 thousand
Parks, recreation and libraries
6.1%$242 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$242 thousand
Sources and moreWhere these numbers come from and what they cover

City of Versailles. 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 City of Versailles 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.