Town government · Payne County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Glencoe took in $1.1 million and spent $994 thousand.

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

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Where it comes from

State tax money41%Fees for services (water, garbage collection)28%Town taxes20%Federal tax money5.5%Fines and other5.1%

What stands out

18%

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

Town taxes20%

Sales tax
18%$202 thousand
Other taxes
1.6%$18 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$17 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$313 thousand
What's in fees for servicesWater; garbage collection and 3 more
  • Water$154 thousand
  • Garbage collection$91 thousand
  • Sewer$59 thousand
  • Other service charges$8 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money5.5%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
5.5%$61 thousand

State tax money41%

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

From the state
41%$458 thousand

Fines and other5.1%

Interest, rents and other
4.1%$45 thousand
Fines
1.1%$12 thousand

Where it goes

Water, sewer, trash and utilities75%Running the government and other costs12%Police, fire, courts and jails6.4%Roads, transit and parking4.6%Parks, recreation and libraries2.1%Interest on debt0.7%

What stands out

75%

of Glencoe'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
75%$741 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$487 thousand
  • Water supply$191 thousand
  • Garbage and solid waste$63 thousand
Running the government and other costs
12%$115 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$97 thousand
  • Other and not broken out$13 thousand
  • Other government-run businesses$5 thousand
Police, fire, courts and jails
6.4%$64 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$41 thousand
  • Fire protection$23 thousand
Roads, transit and parking
4.6%$46 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$46 thousand
Parks, recreation and libraries
2.1%$21 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$21 thousand
Interest on debt
0.7%$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Glencoe. 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 Glencoe 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.