Town government · Stephens County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Velma took in $1.2 million and spent $793 thousand.

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

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Where it comes from

Town taxes71%Fees for services (garbage collection)18%Fines and other9.7%County and local tax money0.9%State tax money0.5%

What stands out

69%

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

Town taxes71%

Sales tax
69%$823 thousand
Other taxes
2.3%$27 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$27 thousand

Amounts are by Census tax category.

Fees for services18%

Fees for services
18%$209 thousand
What's in fees for servicesGarbage collection and other service charges
  • Garbage collection$183 thousand
  • Other service charges$26 thousand

Amounts are by Census type of charge.

State tax money0.5%

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

From the state
0.5%$6 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$11 thousand

Fines and other9.7%

Interest, rents and other
9.7%$115 thousand

Where it goes

Running the government and other costs26%Health and hospitals22%Water, sewer, trash and utilities22%Police, fire, courts and jails21%Roads, transit and parking8.8%Parks, recreation and libraries0.5%

What stands out

22%

of Velma's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
26%$204 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$204 thousand
Health and hospitals
22%$176 thousand
What's in health and hospitalsPublic health
  • Public health$176 thousand
Water, sewer, trash and utilities
22%$171 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$171 thousand
Police, fire, courts and jails
21%$168 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$85 thousand
  • Police$83 thousand
Roads, transit and parking
8.8%$70 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$70 thousand
Parks, recreation and libraries
0.5%$4 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Velma. 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 Velma 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.