Town government · Codington County, SD

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

In the latest recorded fiscal year (ended December 31, 2021), Wallace took in $75 thousand and spent $97 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 taxes64%Fees for services (water)36%

What stands out

19%

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

Town taxes64%

Property tax
43%$32 thousand
Sales tax
19%$14 thousand
Other taxes
2.7%$2 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$2 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$27 thousand
What's in fees for servicesWater
  • Water$27 thousand

Amounts are by Census type of charge.

Where it goes

Running the government and other costs48%Water, sewer, trash and utilities29%Roads, transit and parking18%Parks, recreation and libraries5.2%

What stands out

48%

of Wallace's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
48%$47 thousand
What's in running the government and other costsGovernment buildings and finance, tax collection and budgeting
  • Government buildings$34 thousand
  • Finance, tax collection and budgeting$13 thousand
Water, sewer, trash and utilities
29%$28 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$15 thousand
  • Garbage and solid waste$13 thousand
Roads, transit and parking
18%$17 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$17 thousand
Parks, recreation and libraries
5.2%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Wallace. 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 Wallace 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.