City government · Blount County, TN
Alcoa's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Alcoa took in $179 million and spent $153 million.
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Where it comes from
What stands out
of Alcoa's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.
City taxes20%
What's in other taxesOther selective sales taxes; public utility taxes and 2 more
- Other selective sales taxes$1.6 million
- Public utility taxes$534 thousand
- Other licenses$345 thousand
- Alcoholic beverage taxes$41 thousand
Amounts are by Census tax category.
Fees for services53%
What's in fees for servicesElectric power; sewer and 6 more
- Electric power$72.4 million
- Sewer$8.2 million
- Water$7.1 million
- Garbage collection$5.1 million
- Other school charges$2.1 million
- School lunches$318 thousand
- School tuition and transportation$311 thousand
- Other service charges$17 thousand
Amounts are by Census type of charge.
Federal tax money<0.1%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money15%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money5.5%
Money passed on by the county or other local governments.
Fines and other6.6%
Where it goes
What stands out
of Alcoa's spending goes to schools and colleges.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.
Spending by category100%
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
- Electric power$75.0 million
- Water supply$5.6 million
- Garbage and solid waste$4.6 million
- Sewer systems$1.8 million
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$33.6 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$7.9 million
- Fire protection$6.2 million
- Inspections and regulation$387 thousand
- Courts and legal services$165 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
- Other and not broken out$2.3 million
- Central staff services (personnel, purchasing, technology)$1.5 million
- Finance, tax collection and budgeting$932 thousand
- Government buildings$387 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
- Sent to local governments: other and not broken out$4.6 million
What's in roads, transit and parkingRoads and highways
- Roads and highways$4.3 million
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
- Interest on general debt$1.6 million
- Interest on water supply debt$797 thousand
- Interest on electric power debt$214 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$748 thousand
What's in health and hospitalsPublic health
- Public health$422 thousand
Sources and moreWhere these numbers come from and what they cover
City of Alcoa. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. 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 Alcoa 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.