Town government · McClain County, OK

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

In the latest recorded fiscal year (ended June 30, 2024), Goldsby took in $9.0 million and spent $877 thousand.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Town taxes33%Fees for services (water, airport)26%State tax money23%Federal tax money15%Fines and other3.7%

What stands out

30%

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

Town taxes33%

Sales tax
30%$2.7 million
Other taxes
2.7%$245 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 3 more
  • Public utility taxes$131 thousand
  • Other selective sales taxes$102 thousand
  • Alcoholic beverage licenses$5 thousand
  • Occupation and business licenses$4 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$2.3 million
What's in fees for servicesWater; airport and 2 more
  • Water$1.9 million
  • Airport$216 thousand
  • Garbage collection$164 thousand
  • Sewer$22 thousand

Amounts are by Census type of charge.

Federal tax money15%

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

From the federal government
15%$1.4 million

State tax money23%

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

From the state
23%$2.0 million

Fines and other3.7%

Interest, rents and other
3.0%$270 thousand
Fines
0.6%$58 thousand

Where it goes

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

Running the government and other costs42%Interest on debt18%Water, sewer, trash and utilities17%Police, fire, courts and jails14%Parks, recreation and libraries8.9%Roads, transit and parking0.3%

Spending by category100%

Running the government and other costs
42%$372 thousand
What's in running the government and other costsGovernment buildings
  • Government buildings$372 thousand
Interest on debt
18%$157 thousand
Water, sewer, trash and utilities
17%$146 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$91 thousand
  • Sewer systems$35 thousand
  • Garbage and solid waste$20 thousand
Police, fire, courts and jails
14%$121 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$116 thousand
  • Courts and legal services$5 thousand
Parks, recreation and libraries
8.9%$78 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$78 thousand
Roads, transit and parking
0.3%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Goldsby. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Goldsby 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.