City government · Hamlin County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Castlewood took in $1.1 million and spent $895 thousand.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes54%Fees for services (water, sewer)30%Fines and other15%State tax money<0.1%

What stands out

20%

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

City taxes54%

Property tax
32%$341 thousand
Sales tax
20%$217 thousand
Other taxes
2.3%$25 thousand
What's in other taxesMotor vehicle licenses; alcoholic beverage taxes and 1 more
  • Motor vehicle licenses$14 thousand
  • Alcoholic beverage taxes$6 thousand
  • Alcoholic beverage licenses$5 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$327 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$134 thousand
  • Sewer$102 thousand
  • Garbage collection$66 thousand
  • Parks and recreation$25 thousand

Amounts are by Census type of charge.

State tax money<0.1%

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

From the state
<0.1%$1 thousand

Fines and other15%

Interest, rents and other
15%$164 thousand

Where it goes

Running the government and other costs29%Water, sewer, trash and utilities24%Roads, transit and parking24%Parks, recreation and libraries16%Police, fire, courts and jails6.1%All other spending1.5%

What stands out

16%

of Castlewood's 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%

Running the government and other costs
29%$256 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$214 thousand
  • Central staff services (personnel, purchasing, technology)$41 thousand
  • Government buildings$1 thousand
Water, sewer, trash and utilities
24%$215 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$100 thousand
  • Water supply$93 thousand
  • Sewer systems$22 thousand
Roads, transit and parking
24%$212 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$212 thousand
Parks, recreation and libraries
16%$144 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$132 thousand
  • Libraries$12 thousand
Police, fire, courts and jails
6.1%$55 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$50 thousand
  • Courts and legal services$4 thousand
  • Fire protection$1 thousand
Housing and community development
1.2%$11 thousand
Interest on debt
0.2%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Castlewood. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Castlewood 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.