City government · Franklin County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Cowan took in $2.1 million and spent $1.3 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)38%City taxes24%Federal tax money16%State tax money15%County and local tax money3.3%Fines and other3.0%

What stands out

16%

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

City taxes24%

Property tax
14%$299 thousand
Sales tax
7.0%$150 thousand
Other taxes
3.3%$70 thousand
What's in other taxesAlcoholic beverage taxes; public utility taxes and 3 more
  • Alcoholic beverage taxes$35 thousand
  • Public utility taxes$20 thousand
  • Occupation and business licenses$10 thousand
  • Other licenses$3 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services38%

Fees for services
38%$826 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$362 thousand
  • Sewer$321 thousand
  • Garbage collection$130 thousand
  • Other government-run businesses$13 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$336 thousand

State tax money15%

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

From the state
15%$329 thousand

County and local tax money3.3%

Money passed on by the county or other local governments.

From the county and other local governments
3.3%$71 thousand

Fines and other3.0%

Interest, rents and other
2.3%$50 thousand
Fines
0.7%$15 thousand

Where it goes

Running the government and other costs33%Water, sewer, trash and utilities27%Police, fire, courts and jails25%Roads, transit and parking13%Interest on debt1.2%

What stands out

25%

of Cowan's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
33%$447 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$250 thousand
  • Other and not broken out$140 thousand
  • Finance, tax collection and budgeting$57 thousand
Water, sewer, trash and utilities
27%$360 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$155 thousand
  • Sewer systems$131 thousand
  • Garbage and solid waste$74 thousand
Police, fire, courts and jails
25%$340 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$207 thousand
  • Fire protection$133 thousand
Roads, transit and parking
13%$174 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$174 thousand
Interest on debt
1.2%$16 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cowan. 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 Cowan 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.