City government · Jasper County, MO

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

In the latest recorded fiscal year (ended June 30, 2022), Waco took in $117 thousand and spent $129 thousand.

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

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Where it comes from

County and local tax money56%City taxes32%Fines and other8.5%Fees for services (parks and recreation)3.4%

What stands out

56%

of Waco's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes32%

Other taxes
24%$28 thousand
What's in other taxesPublic utility taxes; other taxes not classified elsewhere and 1 more
  • Public utility taxes$18 thousand
  • Other taxes not classified elsewhere$6 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Property tax
8.5%$10 thousand

Fees for services3.4%

Fees for services
3.4%$4 thousand
What's in fees for servicesParks and recreation and other service charges
  • Parks and recreation$2 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

County and local tax money56%

Money passed on by the county or other local governments.

From the county and other local governments
56%$65 thousand

Fines and other8.5%

Fines
6.0%$7 thousand
Interest, rents and other
2.6%$3 thousand

Where it goes

Police, fire, courts and jails40%Running the government and other costs39%Roads, transit and parking11%Parks, recreation and libraries7.8%Housing and community development2.3%Interest on debt0.8%

What stands out

40%

of Waco'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
40%$51 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$33 thousand
  • Fire protection$14 thousand
  • Inspections and regulation$3 thousand
  • Courts and legal services$1 thousand
Running the government and other costs
39%$50 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$41 thousand
  • Central staff services (personnel, purchasing, technology)$7 thousand
  • Finance, tax collection and budgeting$1 thousand
  • Government buildings$1 thousand
Roads, transit and parking
11%$14 thousand
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$7 thousand
  • Parking$7 thousand
Parks, recreation and libraries
7.8%$10 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$10 thousand
Housing and community development
2.3%$3 thousand
Interest on debt
0.8%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Waco. 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 Waco 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.