City government · Washington County, OR

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

In the latest recorded fiscal year (ended June 30, 2022), Banks took in $1.2 million and spent $482 thousand.

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

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Where it comes from

Fees for services (water)70%City taxes25%State tax money5.3%County and local tax money0.2%

What stands out

70%

of Banks' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes25%

Property tax
25%$293 thousand

Fees for services70%

Fees for services
70%$821 thousand
What's in fees for servicesWater
  • Water$821 thousand

Amounts are by Census type of charge.

State tax money5.3%

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

From the state
5.3%$62 thousand

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$2 thousand

Where it goes

Water, sewer, trash and utilities57%Parks, recreation and libraries24%Running the government and other costs13%Interest on debt4.1%Police, fire, courts and jails1.0%

What stands out

24%

of Banks' spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
57%$277 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$277 thousand
Parks, recreation and libraries
24%$115 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$66 thousand
  • Parks and recreation$49 thousand
Running the government and other costs
13%$65 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$65 thousand
Interest on debt
4.1%$20 thousand
Police, fire, courts and jails
1.0%$5 thousand
What's in police, fire, courts and jailsPolice
  • Police$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Banks. 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 City of Banks 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.