Town government · Polk County, TN

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

In the latest recorded fiscal year (ended June 30, 2024), Benton took in $2.0 million and spent $104 thousand.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)49%Town taxes32%Fines and other17%County and local tax money2.0%State tax money0.1%

What stands out

18%

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

Town taxes32%

Sales tax
18%$354 thousand
Property tax
8.3%$165 thousand
Other taxes
6.1%$121 thousand
What's in other taxesAlcoholic beverage taxes and public utility taxes
  • Alcoholic beverage taxes$119 thousand
  • Public utility taxes$2 thousand

Amounts are by Census tax category.

Fees for services49%

Fees for services
49%$969 thousand
What's in fees for servicesWater and sewer
  • Water$674 thousand
  • Sewer$295 thousand

Amounts are by Census type of charge.

State tax money0.1%

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

From the state
0.1%$2 thousand

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$40 thousand

Fines and other17%

Fines
17%$333 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Running the government and other costs62%Roads, transit and parking25%Interest on debt13%

Spending by category100%

Running the government and other costs
62%$64 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$38 thousand
  • Finance, tax collection and budgeting$26 thousand
Roads, transit and parking
25%$26 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$26 thousand
Interest on debt
13%$14 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Benton. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Benton 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.