City government · Fall River County, SD

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

In the latest recorded fiscal year (ended December 31, 2021), Edgemont took in $1.8 million and spent $1.1 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes42%Fees for services (water, sewer)33%Fines and other12%State tax money10%Federal tax money2.4%

What stands out

18%

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

City taxes42%

Property tax
23%$400 thousand
Sales tax
18%$325 thousand
Other taxes
1.4%$24 thousand
What's in other taxesMotor vehicle licenses; alcoholic beverage licenses and 1 more
  • Motor vehicle licenses$15 thousand
  • Alcoholic beverage licenses$7 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$584 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$358 thousand
  • Sewer$116 thousand
  • Garbage collection$105 thousand
  • Other government-run businesses$3 thousand
  • Airport$2 thousand

Amounts are by Census type of charge.

Federal tax money2.4%

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

From the federal government
2.4%$42 thousand

State tax money10%

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

From the state
10%$183 thousand

Fines and other12%

Interest, rents and other
12%$206 thousand

Where it goes

Water, sewer, trash and utilities38%Running the government and other costs38%Police, fire, courts and jails15%Parks, recreation and libraries5.1%Interest on debt2.8%All other spending1.1%

What stands out

38%

of Edgemont'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
38%$438 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$295 thousand
  • Garbage and solid waste$85 thousand
  • Sewer systems$58 thousand
Running the government and other costs
38%$428 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$302 thousand
  • Finance, tax collection and budgeting$95 thousand
  • Central staff services (personnel, purchasing, technology)$15 thousand
  • Government buildings$10 thousand
  • Other government-run businesses$6 thousand
Police, fire, courts and jails
15%$170 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$115 thousand
  • Fire protection$29 thousand
  • Inspections and regulation$14 thousand
  • Courts and legal services$12 thousand
Parks, recreation and libraries
5.1%$58 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$43 thousand
  • Parks and recreation$15 thousand
Interest on debt
2.8%$32 thousand
Roads, transit and parking
0.5%$6 thousand
What's in roads, transit and parkingAirports
  • Airports$6 thousand
Social services
0.5%$6 thousand
What's in social servicesOther public welfare
  • Other public welfare$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Edgemont. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Edgemont 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.