City government · Meade County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Piedmont took in $852 thousand and spent $635 thousand.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes76%Fees for services (water)20%State tax money2.1%Fines and other2.0%

What stands out

46%

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

City taxes76%

Sales tax
46%$389 thousand
Property tax
21%$177 thousand
Other taxes
9.3%$79 thousand
What's in other taxesMotor vehicle licenses; other licenses and 2 more
  • Motor vehicle licenses$47 thousand
  • Other licenses$19 thousand
  • Alcoholic beverage licenses$12 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services20%

Fees for services
20%$172 thousand
What's in fees for servicesWater; other government-run businesses and 1 more
  • Water$167 thousand
  • Other government-run businesses$4 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money2.1%

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

From the state
2.1%$18 thousand

Fines and other2.0%

Interest, rents and other
2.0%$17 thousand

Where it goes

Running the government and other costs37%Water, sewer, trash and utilities34%Parks, recreation and libraries14%Roads, transit and parking12%Interest on debt3.0%

What stands out

14%

of Piedmont's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
37%$233 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$187 thousand
  • Central staff services (personnel, purchasing, technology)$28 thousand
  • Government buildings$18 thousand
Water, sewer, trash and utilities
34%$219 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$219 thousand
Parks, recreation and libraries
14%$90 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$83 thousand
  • Parks and recreation$7 thousand
Roads, transit and parking
12%$74 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$74 thousand
Interest on debt
3.0%$19 thousand
Sources and moreWhere these numbers come from and what they cover

City of Piedmont. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Piedmont 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.