Town government · Texas County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Texhoma took in $1.4 million and spent $1.6 million.

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

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Where it comes from

Fees for services (water, garbage collection)45%Town taxes24%Fines and other20%Federal tax money5.5%State tax money4.4%County and local tax money1.9%

What stands out

20%

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

Town taxes24%

Sales tax
20%$281 thousand
Other taxes
4.3%$62 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$62 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$645 thousand
What's in fees for servicesWater; garbage collection and 2 more
  • Water$284 thousand
  • Garbage collection$254 thousand
  • Sewer$105 thousand
  • Parks and recreation$2 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%$79 thousand

State tax money4.4%

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

From the state
4.4%$63 thousand

County and local tax money1.9%

Money passed on by the county or other local governments.

From the county and other local governments
1.9%$27 thousand

Fines and other20%

Fines
12%$173 thousand
Interest, rents and other
7.6%$109 thousand

Where it goes

Running the government and other costs43%Water, sewer, trash and utilities35%Police, fire, courts and jails14%Parks, recreation and libraries5.3%Health and hospitals0.8%All other spending0.7%

What stands out

43%

of Texhoma'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%

Running the government and other costs
43%$695 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$694 thousand
  • Other and not broken out$1 thousand
Water, sewer, trash and utilities
35%$567 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$378 thousand
  • Water supply$185 thousand
  • Sewer systems$4 thousand
Police, fire, courts and jails
14%$231 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$176 thousand
  • Fire protection$54 thousand
  • Courts and legal services$1 thousand
Parks, recreation and libraries
5.3%$84 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$64 thousand
  • Libraries$20 thousand
Health and hospitals
0.8%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Interest on debt
0.6%$9 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$7 thousand
  • Interest on general debt$2 thousand
Roads, transit and parking
0.1%$2 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Texhoma. 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 Texhoma 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.