Town government · McClain County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Cole took in $278 thousand and spent $155 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (water)39%Town taxes35%State tax money21%County and local tax money3.2%Fines and other1.4%

What stands out

25%

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

Town taxes35%

Sales tax
25%$69 thousand
Other taxes
10%$29 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$29 thousand

Amounts are by Census tax category.

Fees for services39%

Fees for services
39%$109 thousand
What's in fees for servicesWater and other service charges
  • Water$106 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$58 thousand

County and local tax money3.2%

Money passed on by the county or other local governments.

From the county and other local governments
3.2%$9 thousand

Fines and other1.4%

Interest, rents and other
1.4%$4 thousand

Where it goes

Water, sewer, trash and utilities68%Running the government and other costs25%Police, fire, courts and jails6.5%

What stands out

68%

of Cole'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
68%$106 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$106 thousand
Running the government and other costs
25%$39 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)$34 thousand
  • Finance, tax collection and budgeting$5 thousand
Police, fire, courts and jails
6.5%$10 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$10 thousand
Sources and moreWhere these numbers come from and what they cover

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

What this covers. The money of Town of Cole 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.