City government · McHenry County, ND

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

In the latest recorded fiscal year (ended December 31, 2021), Balfour took in $8 thousand and spent $24 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money75%City taxes25%

What stands out

75%

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

City taxes25%

Property tax
25%$2 thousand

State tax money75%

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

From the state
75%$6 thousand

Where it goes

Running the government and other costs100%

What stands out

100%

of Balfour's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
100%$24 thousand
What's in running the government and other costsGovernment buildings and other and not broken out
  • Government buildings$15 thousand
  • Other and not broken out$9 thousand
Sources and moreWhere these numbers come from and what they cover

City of Balfour. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. 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 Balfour 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.