City government · Meade County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Summerset took in $2.9 million and spent $2.4 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 taxes63%Fees for services (sewer, garbage collection)21%State tax money16%

What stands out

36%

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

City taxes63%

Sales tax
36%$1.1 million
Property tax
25%$736 thousand
Other taxes
1.8%$53 thousand
What's in other taxesMotor vehicle licenses; occupation and business licenses and 1 more
  • Motor vehicle licenses$34 thousand
  • Occupation and business licenses$12 thousand
  • Alcoholic beverage licenses$7 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$612 thousand
What's in fees for servicesSewer and garbage collection
  • Sewer$417 thousand
  • Garbage collection$195 thousand

Amounts are by Census type of charge.

State tax money16%

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

From the state
16%$476 thousand

Where it goes

Police, fire, courts and jails42%Water, sewer, trash and utilities32%Running the government and other costs23%Interest on debt2.9%Parks, recreation and libraries0.4%

What stands out

42%

of Summerset's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
42%$1.0 million
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$967 thousand
  • Courts and legal services$28 thousand
  • Inspections and regulation$13 thousand
Water, sewer, trash and utilities
32%$775 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$485 thousand
  • Garbage and solid waste$290 thousand
Running the government and other costs
23%$554 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 1 more
  • Finance, tax collection and budgeting$254 thousand
  • Government buildings$231 thousand
  • Central staff services (personnel, purchasing, technology)$69 thousand
Interest on debt
2.9%$70 thousand
Parks, recreation and libraries
0.4%$9 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$9 thousand
Sources and moreWhere these numbers come from and what they cover

City of Summerset. 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 Summerset 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.