Town government · Texas County, OK
Goodwell's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Goodwell took in $486 thousand and spent $532 thousand.
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Where it comes from
What stands out
of Goodwell's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes44%
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
- Other selective sales taxes$64 thousand
- Public utility taxes$56 thousand
- Motor vehicle licenses$5 thousand
Amounts are by Census tax category.
Fees for services47%
What's in fees for servicesWater; sewer and 2 more
- Water$134 thousand
- Sewer$61 thousand
- Garbage collection$32 thousand
- Parks and recreation$1 thousand
Amounts are by Census type of charge.
State tax money4.9%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.7%
Where it goes
What stands out
of Goodwell's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.
Spending by category100%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$517 thousand
What's in police, fire, courts and jailsFire protection
- Fire protection$15 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Goodwell. 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 Goodwell 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.