City government · Union County, OR

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

In the latest recorded fiscal year (ended June 30, 2022), Cove took in $690 thousand and spent $624 thousand.

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

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Where it comes from

Fees for services (water, sewer)66%State tax money22%City taxes8.0%Federal tax money2.2%Fines and other2.2%

What stands out

66%

of Cove's 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 taxes8.0%

Other taxes
5.4%$37 thousand
What's in other taxesOther selective sales taxes and public utility taxes
  • Other selective sales taxes$34 thousand
  • Public utility taxes$3 thousand

Amounts are by Census tax category.

Property tax
2.6%$18 thousand

Fees for services66%

Fees for services
66%$453 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$179 thousand
  • Sewer$170 thousand
  • Electric power$102 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

Federal tax money2.2%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.2%$15 thousand

State tax money22%

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

From the state
22%$152 thousand

Fines and other2.2%

Interest, rents and other
2.2%$15 thousand

Where it goes

Water, sewer, trash and utilities52%Running the government and other costs29%Interest on debt14%Roads, transit and parking4.8%Sent to other local governments0.2%

What stands out

14%

of Cove's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
52%$326 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$168 thousand
  • Water supply$158 thousand
Running the government and other costs
29%$179 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$120 thousand
  • Central staff services (personnel, purchasing, technology)$59 thousand
Interest on debt
14%$88 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$73 thousand
  • Interest on water supply debt$15 thousand
Roads, transit and parking
4.8%$30 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$30 thousand
Sent to other local governments
0.2%$1 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cove. 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 Cove 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.