City government · Faulk County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Faulkton took in $2.9 million and spent $6.0 million.

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

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Where it comes from

Federal tax money52%City taxes24%Fees for services (water, sewer)16%Fines and other6.4%State tax money0.3%

What stands out

52%

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

City taxes24%

Sales tax
15%$431 thousand
Property tax
8.4%$241 thousand
Other taxes
1.0%$30 thousand
What's in other taxesMotor vehicle licenses; alcoholic beverage licenses and 3 more
  • Motor vehicle licenses$16 thousand
  • Alcoholic beverage licenses$6 thousand
  • Alcoholic beverage taxes$5 thousand
  • Other taxes not classified elsewhere$2 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services16%

Fees for services
16%$468 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$258 thousand
  • Sewer$186 thousand
  • Parks and recreation$19 thousand
  • Airport$5 thousand

Amounts are by Census type of charge.

Federal tax money52%

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

From the federal government
52%$1.5 million

State tax money0.3%

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

From the state
0.3%$9 thousand

Fines and other6.4%

Interest, rents and other
6.4%$184 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities86%Running the government and other costs5.0%Roads, transit and parking3.6%Police, fire, courts and jails1.9%Parks, recreation and libraries1.8%All other spending2.0%

What stands out

86%

of Faulkton's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
86%$5.1 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 2 more
  • Sewer systems$4.9 million
  • Water supply$159 thousand
  • Electric power$21 thousand
  • Garbage and solid waste$20 thousand
Running the government and other costs
5.0%$301 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$174 thousand
  • Government buildings$54 thousand
  • Central staff services (personnel, purchasing, technology)$39 thousand
  • Other and not broken out$34 thousand
Roads, transit and parking
3.6%$217 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$175 thousand
  • Airports$42 thousand
Police, fire, courts and jails
1.9%$112 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$88 thousand
  • Fire protection$21 thousand
  • Courts and legal services$3 thousand
Parks, recreation and libraries
1.8%$110 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$110 thousand
Housing and community development
1.4%$85 thousand
Interest on debt
0.6%$34 thousand
Sources and moreWhere these numbers come from and what they cover

City of Faulkton. 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 Faulkton 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.