Town government · Ellis County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Fargo took in $241 thousand and spent $240 thousand.

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

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Where it comes from

Fees for services (water, garbage collection)44%Town taxes37%State tax money19%Fines and other0.8%

What stands out

29%

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

Town taxes37%

Sales tax
29%$69 thousand
Other taxes
8.3%$20 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$12 thousand
  • Other licenses$8 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$105 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$47 thousand
  • Garbage collection$36 thousand
  • Sewer$22 thousand

Amounts are by Census type of charge.

State tax money19%

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

From the state
19%$45 thousand

Fines and other0.8%

Interest, rents and other
0.8%$2 thousand

Where it goes

Water, sewer, trash and utilities63%Running the government and other costs29%Roads, transit and parking7.9%Police, fire, courts and jails0.4%

What stands out

63%

of Fargo'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
63%$151 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$59 thousand
  • Garbage and solid waste$56 thousand
  • Sewer systems$36 thousand
Running the government and other costs
29%$69 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$69 thousand
Roads, transit and parking
7.9%$19 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$19 thousand
Police, fire, courts and jails
0.4%$1 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Fargo. 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 Fargo 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.