Town government · Major County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Ringwood took in $1.2 million and spent $477 thousand.

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

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Where it comes from

Town taxes76%Fees for services (water, garbage collection)13%State tax money5.4%Federal tax money4.0%Fines and other1.2%

What stands out

75%

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

Town taxes76%

Sales tax
75%$909 thousand
Other taxes
1.2%$15 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$15 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$162 thousand
What's in fees for servicesWater; garbage collection and 2 more
  • Water$66 thousand
  • Garbage collection$62 thousand
  • Sewer$28 thousand
  • Other service charges$6 thousand

Amounts are by Census type of charge.

Federal tax money4.0%

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

From the federal government
4.0%$49 thousand

State tax money5.4%

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

From the state
5.4%$66 thousand

Fines and other1.2%

Interest, rents and other
1.2%$15 thousand

Where it goes

Water, sewer, trash and utilities61%Running the government and other costs17%Police, fire, courts and jails11%Roads, transit and parking11%

What stands out

61%

of Ringwood'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
61%$292 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$136 thousand
  • Sewer systems$98 thousand
  • Garbage and solid waste$58 thousand
Running the government and other costs
17%$82 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$70 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
Police, fire, courts and jails
11%$52 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$48 thousand
  • Police$4 thousand
Roads, transit and parking
11%$51 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$51 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Ringwood. 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 Ringwood 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.