City government · Furnas County, NE

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

In the latest recorded fiscal year (ended September 30, 2021), Cambridge took in $9.2 million and spent $8.2 million.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

Fees for services (electric power, water)77%City taxes14%Fines and other4.6%State tax money2.6%Federal tax money1.7%

What stands out

77%

of Cambridge's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes14%

Other taxes
7.4%$680 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$538 thousand
  • Public utility taxes$142 thousand

Amounts are by Census tax category.

Sales tax
3.8%$350 thousand
Property tax
2.9%$266 thousand

Fees for services77%

Fees for services
77%$7.1 million
What's in fees for servicesElectric power; other service charges and 4 more
  • Electric power$4.4 million
  • Other service charges$1.8 million
  • Water$398 thousand
  • Sewer$274 thousand
  • Garbage collection$125 thousand
  • Parks and recreation$45 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

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

From the federal government
1.7%$155 thousand

State tax money2.6%

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

From the state
2.6%$239 thousand

Fines and other4.6%

Interest, rents and other
4.6%$426 thousand

Where it goes

Water, sewer, trash and utilities58%Parks, recreation and libraries22%Running the government and other costs9.6%Police, fire, courts and jails8.3%Roads, transit and parking2.5%

What stands out

22%

of Cambridge's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
58%$4.7 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$3.8 million
  • Water supply$420 thousand
  • Sewer systems$297 thousand
  • Garbage and solid waste$167 thousand
Parks, recreation and libraries
22%$1.8 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.3 million
  • Libraries$450 thousand
Running the government and other costs
9.6%$790 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$411 thousand
  • Finance, tax collection and budgeting$316 thousand
  • Government buildings$63 thousand
Police, fire, courts and jails
8.3%$680 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$415 thousand
  • Fire protection$265 thousand
Roads, transit and parking
2.5%$207 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$207 thousand
Interest on debt
<0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cambridge. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Cambridge 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.