City government · Lincoln County, MT

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

In the latest recorded fiscal year (ended June 30, 2024), Troy took in $3.3 million and spent $3.7 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)67%Federal tax money11%State tax money9.4%City taxes6.2%Fines and other5.9%

What stands out

11%

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

City taxes6.2%

Property tax
6.2%$205 thousand

Fees for services67%

Fees for services
67%$2.2 million
What's in fees for servicesElectric power; sewer and 4 more
  • Electric power$1.5 million
  • Sewer$302 thousand
  • Water$287 thousand
  • Parks and recreation$127 thousand
  • Other service charges$17 thousand
  • Other government-run businesses$4 thousand

Amounts are by Census type of charge.

Federal tax money11%

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

From the federal government
11%$380 thousand

State tax money9.4%

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

From the state
9.4%$313 thousand

Fines and other5.9%

Interest, rents and other
5.8%$192 thousand
Fines
0.2%$5 thousand

Where it goes

Water, sewer, trash and utilities64%Police, fire, courts and jails12%Parks, recreation and libraries12%Running the government and other costs6.5%Roads, transit and parking2.9%Interest on debt1.9%

What stands out

64%

of Troy'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
64%$2.4 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$1.3 million
  • Water supply$736 thousand
  • Sewer systems$282 thousand
Police, fire, courts and jails
12%$459 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$400 thousand
  • Fire protection$33 thousand
  • Courts and legal services$13 thousand
  • Inspections and regulation$13 thousand
Parks, recreation and libraries
12%$452 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$452 thousand
Running the government and other costs
6.5%$240 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$161 thousand
  • Central staff services (personnel, purchasing, technology)$77 thousand
  • Other and not broken out$2 thousand
Roads, transit and parking
2.9%$105 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$105 thousand
Interest on debt
1.9%$69 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$37 thousand
  • Interest on water supply debt$32 thousand
Sources and moreWhere these numbers come from and what they cover

City of Troy. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Troy 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.