Town government · Davison County, SD

Mount Vernon's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Mount Vernon took in $487 thousand and spent $519 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes from Goes to

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Where it comes from

Fees for services (sewer, water)49%Town taxes47%Fines and other1.6%County and local tax money1.4%State tax money0.8%

What stands out

18%

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

Town taxes47%

Property tax

27%$132 thousand

Sales tax

18%$86 thousand

Other taxes

2.5%$12 thousand

What's in other taxesMotor vehicle licenses; alcoholic beverage taxes and 2 more

Motor vehicle licenses$7 thousand
Alcoholic beverage taxes$3 thousand
Alcoholic beverage licenses$1 thousand
Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services49%

Fees for services

49%$238 thousand

What's in fees for servicesSewer; water and 1 more

Sewer$102 thousand
Water$93 thousand
Garbage collection$43 thousand

Amounts are by Census type of charge.

State tax money0.8%

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

From the state

0.8%$4 thousand

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments

1.4%$7 thousand

Fines and other1.6%

Interest, rents and other

1.6%$8 thousand

Where it goes

Water, sewer, trash and utilities45%Roads, transit and parking29%Running the government and other costs13%Interest on debt4.4%Parks, recreation and libraries3.3%All other spending4.2%

What stands out

29%

of Mount Vernon's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities

45%$234 thousand

What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more

Sewer systems$101 thousand
Water supply$85 thousand
Garbage and solid waste$48 thousand

Roads, transit and parking

29%$153 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$153 thousand

Running the government and other costs

13%$70 thousand

What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more

Finance, tax collection and budgeting$33 thousand
Central staff services (personnel, purchasing, technology)$15 thousand
Other government-run businesses$13 thousand
Government buildings$9 thousand

Interest on debt

4.4%$23 thousand

Parks, recreation and libraries

3.3%$17 thousand

What's in parks, recreation and librariesLibraries and parks and recreation

Libraries$14 thousand
Parks and recreation$3 thousand

Police, fire, courts and jails

1.9%$10 thousand

What's in police, fire, courts and jailsPolice

Police$10 thousand

Health and hospitals

1.3%$7 thousand

What's in health and hospitalsPublic health

Public health$7 thousand

Housing and community development

1.0%$5 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Mount Vernon. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Mount Vernon 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.