Town government · Hutchinson County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Olivet took in $2.4 million and spent $129 thousand.

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

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Where it comes from

Town taxes99%Fees for services (water, sewer)0.9%

What stands out

98%

of Olivet's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Town taxes99%

Property tax
98%$2.4 million
Sales tax
1.0%$25 thousand
Other taxes
<0.1%$1 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$1 thousand

Amounts are by Census tax category.

Fees for services0.9%

Fees for services
0.9%$21 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$9 thousand
  • Sewer$7 thousand
  • Garbage collection$5 thousand

Amounts are by Census type of charge.

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Water, sewer, trash and utilities41%Roads, transit and parking23%Running the government and other costs18%Parks, recreation and libraries15%Police, fire, courts and jails3.1%

Spending by category100%

Water, sewer, trash and utilities
41%$53 thousand
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$26 thousand
  • Garbage and solid waste$17 thousand
  • Water supply$10 thousand
Roads, transit and parking
23%$30 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$30 thousand
Running the government and other costs
18%$23 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$21 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Parks, recreation and libraries
15%$19 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$17 thousand
  • Libraries$2 thousand
Police, fire, courts and jails
3.1%$4 thousand
What's in police, fire, courts and jailsPolice
  • Police$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Olivet. 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 Town of Olivet 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.