City government · Charles Mix County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Platte took in $2.2 million and spent $1.7 million.

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

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Where it comes from

City taxes64%Fees for services (water, sewer)29%Fines and other4.1%State tax money2.4%County and local tax money0.1%

What stands out

47%

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

City taxes64%

Sales tax
47%$1.0 million
Property tax
17%$368 thousand
Other taxes
0.4%$9 thousand
What's in other taxesOther licenses
  • Other licenses$9 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$645 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$360 thousand
  • Sewer$218 thousand
  • Parks and recreation$42 thousand
  • Garbage collection$24 thousand
  • Road charges$1 thousand

Amounts are by Census type of charge.

State tax money2.4%

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

From the state
2.4%$54 thousand

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$3 thousand

Fines and other4.1%

Interest, rents and other
4.1%$91 thousand

Where it goes

Water, sewer, trash and utilities33%Roads, transit and parking23%Running the government and other costs18%Parks, recreation and libraries13%Police, fire, courts and jails12%All other spending1.2%

What stands out

13%

of Platte'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%

Water, sewer, trash and utilities
33%$567 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$362 thousand
  • Sewer systems$172 thousand
  • Garbage and solid waste$33 thousand
Roads, transit and parking
23%$396 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$393 thousand
  • Airports$3 thousand
Running the government and other costs
18%$302 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$121 thousand
  • Other and not broken out$121 thousand
  • Central staff services (personnel, purchasing, technology)$60 thousand
Parks, recreation and libraries
13%$212 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$198 thousand
  • Libraries$14 thousand
Police, fire, courts and jails
12%$196 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$189 thousand
  • Fire protection$7 thousand
Interest on debt
0.9%$15 thousand
Health and hospitals
0.3%$5 thousand
What's in health and hospitalsPublic health
  • Public health$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Platte. 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 Platte 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.