Town government · Craig County, OK

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

In the latest recorded fiscal year (ended June 30, 2022), Welch took in $936 thousand and spent $972 thousand.

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

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Where it comes from

Fees for services (water, garbage collection)43%County and local tax money28%Town taxes26%State tax money2.5%Fines and other1.0%

What stands out

28%

of Welch's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes26%

Sales tax
23%$218 thousand
Other taxes
2.9%$27 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$27 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services
43%$399 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$300 thousand
  • Garbage collection$73 thousand
  • Other service charges$26 thousand

Amounts are by Census type of charge.

State tax money2.5%

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

From the state
2.5%$23 thousand

County and local tax money28%

Money passed on by the county or other local governments.

From the county and other local governments
28%$260 thousand

Fines and other1.0%

Interest, rents and other
1.0%$9 thousand

Where it goes

Water, sewer, trash and utilities48%Running the government and other costs44%Police, fire, courts and jails5.9%Interest on debt1.3%

What stands out

44%

of Welch'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%

Water, sewer, trash and utilities
48%$470 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$356 thousand
  • Garbage and solid waste$94 thousand
  • Sewer systems$20 thousand
Running the government and other costs
44%$432 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other government-run businesses
  • Central staff services (personnel, purchasing, technology)$422 thousand
  • Other government-run businesses$10 thousand
Police, fire, courts and jails
5.9%$57 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$57 thousand
Interest on debt
1.3%$13 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$12 thousand
  • Interest on general debt$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Welch. 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 Welch 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.