City government · Sherman County, NE

Loup City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Loup City took in $3.4 million and spent $3.8 million.

Latest recorded year: ended September 30, 2023Comes fromGoes to

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Where it comes from

Fees for services (water, gas)52%City taxes31%State tax money9.2%Fines and other8.6%

What stands out

10%

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

City taxes31%

Other taxes
11%$363 thousand
What's in other taxesOther licenses
  • Other licenses$363 thousand

Amounts are by Census tax category.

Property tax
10%$357 thousand
Sales tax
9.5%$325 thousand

Fees for services52%

Fees for services
52%$1.8 million
What's in fees for servicesOther service charges; water and 4 more
  • Other service charges$1.2 million
  • Water$309 thousand
  • Gas$177 thousand
  • Parks and recreation$28 thousand
  • Hospital bills$26 thousand
  • Transit fares$8 thousand

Amounts are by Census type of charge.

State tax money9.2%

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

From the state
9.2%$313 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$1 thousand

Fines and other8.6%

Interest, rents and other
8.6%$294 thousand

Where it goes

Roads, transit and parking45%Water, sewer, trash and utilities30%Running the government and other costs12%Police, fire, courts and jails5.4%Parks, recreation and libraries4.4%All other spending2.7%

What stands out

45%

of Loup City's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
45%$1.7 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$1.7 million
  • Public transit$46 thousand
Water, sewer, trash and utilities
30%$1.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$672 thousand
  • Sewer systems$331 thousand
  • Gas supply$151 thousand
Running the government and other costs
12%$451 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$233 thousand
  • Finance, tax collection and budgeting$179 thousand
  • Government buildings$36 thousand
  • Other and not broken out$3 thousand
Police, fire, courts and jails
5.4%$206 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$126 thousand
  • Fire protection$80 thousand
Parks, recreation and libraries
4.4%$167 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$125 thousand
  • Libraries$42 thousand
Housing and community development
2.0%$77 thousand
Health and hospitals
0.7%$25 thousand
What's in health and hospitalsHospitals
  • Hospitals$25 thousand
Sources and moreWhere these numbers come from and what they cover

City of Loup City. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.

What this covers. The money of City of Loup City 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.