Town government · Lyman County, SD

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

In the latest recorded fiscal year (ended December 31, 2021), Kennebec took in $281 thousand and spent $249 thousand.

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

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Where it comes from

Town taxes73%Fees for services (housing)11%Fines and other7.8%County and local tax money6.4%Federal tax money1.4%State tax money0.4%

What stands out

40%

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

Town taxes73%

Sales tax
40%$113 thousand
Property tax
31%$86 thousand
Other taxes
2.5%$7 thousand
What's in other taxesOther licenses and other selective sales taxes
  • Other licenses$5 thousand
  • Other selective sales taxes$2 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$30 thousand
What's in fees for servicesHousing
  • Housing$30 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$4 thousand

State tax money0.4%

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

From the state
0.4%$1 thousand

County and local tax money6.4%

Money passed on by the county or other local governments.

From the county and other local governments
6.4%$18 thousand

Fines and other7.8%

Interest, rents and other
7.8%$22 thousand

Where it goes

Housing and community development100%

What stands out

100%

of Kennebec's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Housing and community development
100%$249 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Kennebec. 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 Town of Kennebec 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.