City government · Lincoln County, MT

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

In the latest recorded fiscal year (ended June 30, 2024), Libby took in $6.4 million and spent $3.9 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)38%State tax money36%City taxes13%Fines and other12%County and local tax money1.0%

What stands out

36%

of Libby's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes13%

Property tax
11%$729 thousand
Other taxes
1.2%$77 thousand
What's in other taxesOther licenses; occupation and business licenses and 1 more
  • Other licenses$38 thousand
  • Occupation and business licenses$30 thousand
  • Alcoholic beverage licenses$9 thousand

Amounts are by Census tax category.

Fees for services38%

Fees for services
38%$2.5 million
What's in fees for servicesWater; sewer and 2 more
  • Water$1.6 million
  • Sewer$811 thousand
  • Other service charges$43 thousand
  • Parks and recreation$6 thousand

Amounts are by Census type of charge.

State tax money36%

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

From the state
36%$2.3 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$61 thousand

Fines and other12%

Interest, rents and other
11%$719 thousand
Fines
0.6%$38 thousand

Where it goes

Water, sewer, trash and utilities48%Police, fire, courts and jails21%Roads, transit and parking12%Running the government and other costs11%Interest on debt6.0%All other spending1.7%

What stands out

48%

of Libby'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
48%$1.9 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$1.2 million
  • Sewer systems$637 thousand
Police, fire, courts and jails
21%$799 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$534 thousand
  • Courts and legal services$133 thousand
  • Fire protection$98 thousand
  • Inspections and regulation$34 thousand
Roads, transit and parking
12%$479 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$479 thousand
Running the government and other costs
11%$430 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$187 thousand
  • Finance, tax collection and budgeting$91 thousand
  • Central staff services (personnel, purchasing, technology)$77 thousand
  • Other government-run businesses$75 thousand
Interest on debt
6.0%$232 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$186 thousand
  • Interest on general debt$46 thousand
Parks, recreation and libraries
1.3%$52 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$52 thousand
Health and hospitals
0.3%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Housing and community development
<0.1%$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Libby. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Libby 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.