Town government · Deuel County, SD

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

In the latest recorded fiscal year (ended December 31, 2021), Toronto took in $451 thousand and spent $418 thousand.

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

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Where it comes from

Town taxes56%Fees for services (water, sewer)29%Fines and other10%State tax money2.4%Federal tax money2.2%

What stands out

29%

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

Town taxes56%

Sales tax
29%$133 thousand
Property tax
26%$118 thousand
Other taxes
0.2%$1 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$1 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$133 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$69 thousand
  • Sewer$30 thousand
  • Garbage collection$19 thousand
  • Hospital bills$13 thousand
  • Airport$2 thousand

Amounts are by Census type of charge.

Federal tax money2.2%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.2%$10 thousand

State tax money2.4%

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

From the state
2.4%$11 thousand

Fines and other10%

Interest, rents and other
10%$45 thousand

Where it goes

Roads, transit and parking54%Police, fire, courts and jails14%Running the government and other costs11%Parks, recreation and libraries10%Water, sewer, trash and utilities5.7%All other spending5.0%

What stands out

54%

of Toronto'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%

Roads, transit and parking
54%$225 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$218 thousand
  • Airports$7 thousand
Police, fire, courts and jails
14%$58 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$54 thousand
  • Fire protection$4 thousand
Running the government and other costs
11%$47 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other government-run businesses and 1 more
  • Finance, tax collection and budgeting$31 thousand
  • Other government-run businesses$9 thousand
  • Central staff services (personnel, purchasing, technology)$7 thousand
Parks, recreation and libraries
10%$43 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$43 thousand
Water, sewer, trash and utilities
5.7%$24 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$24 thousand
Health and hospitals
2.6%$11 thousand
What's in health and hospitalsPublic health
  • Public health$11 thousand
Housing and community development
1.9%$8 thousand
Interest on debt
0.5%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Toronto. 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 Toronto 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.