City government · Trumbull County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Hubbard took in $13.9 million and spent $3.0 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Fees for services (electric power, water)72%City taxes26%Fines and other1.2%County and local tax money1.1%State tax money0.3%

What stands out

20%

of Hubbard's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes26%

Individual income tax
20%$2.7 million
Other taxes
3.9%$542 thousand
What's in other taxesMotor fuel taxes; motor vehicle licenses and 1 more
  • Motor fuel taxes$486 thousand
  • Motor vehicle licenses$51 thousand
  • Alcoholic beverage licenses$5 thousand

Amounts are by Census tax category.

Property tax
2.1%$289 thousand

Fees for services72%

Fees for services
72%$10.0 million
What's in fees for servicesElectric power; water and 1 more
  • Electric power$6.8 million
  • Water$1.7 million
  • Sewer$1.5 million

Amounts are by Census type of charge.

State tax money0.3%

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

From the state
0.3%$44 thousand

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments
1.1%$146 thousand

Fines and other1.2%

Interest, rents and other
1.1%$154 thousand
Fines
0.1%$14 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Water, sewer, trash and utilities87%Running the government and other costs11%Parks, recreation and libraries2.1%

Spending by category100%

Water, sewer, trash and utilities
87%$2.6 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$1.7 million
  • Sewer systems$935 thousand
Running the government and other costs
11%$336 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$238 thousand
  • Finance, tax collection and budgeting$98 thousand
Parks, recreation and libraries
2.1%$62 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$62 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hubbard. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Hubbard 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.