City government · Grundy County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Coalmont took in $720 thousand and spent $120 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

State tax money71%Federal tax money17%County and local tax money12%

What stands out

71%

of Coalmont's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Federal tax money17%

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

From the federal government
17%$124 thousand

State tax money71%

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

From the state
71%$509 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$87 thousand

Where it goes

Running the government and other costs29%Police, fire, courts and jails23%Parks, recreation and libraries20%Roads, transit and parking18%Interest on debt10%

What stands out

20%

of Coalmont's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
29%$35 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)$30 thousand
  • Finance, tax collection and budgeting$5 thousand
Police, fire, courts and jails
23%$27 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$27 thousand
Parks, recreation and libraries
20%$24 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$20 thousand
  • Parks and recreation$4 thousand
Roads, transit and parking
18%$22 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$22 thousand
Interest on debt
10%$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Coalmont. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Coalmont 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.