Town government · Tillman County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Tipton took in $200 thousand and spent $380 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes48%County and local tax money35%State tax money10%Fines and other7.0%

What stands out

40%

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

Town taxes48%

Sales tax
40%$80 thousand
Other taxes
8.0%$16 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$16 thousand

Amounts are by Census tax category.

State tax money10%

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

From the state
10%$20 thousand

County and local tax money35%

Money passed on by the county or other local governments.

From the county and other local governments
35%$70 thousand

Fines and other7.0%

Interest, rents and other
7.0%$14 thousand

Where it goes

Roads, transit and parking74%Running the government and other costs26%

What stands out

74%

of Tipton's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
74%$282 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$282 thousand
Running the government and other costs
26%$98 thousand
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
  • Other and not broken out$85 thousand
  • Finance, tax collection and budgeting$13 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Tipton. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Tipton 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.