Town government · Stewart County, TN

Cumberland City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Cumberland City took in $566 thousand.

Latest recorded year: ended June 30, 2024Comes from

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Where it comes from

Town taxes98%State tax money1.9%

What stands out

37%

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

Town taxes98%

Sales tax
37%$209 thousand
Other taxes
32%$182 thousand
What's in other taxesPublic utility taxes and alcoholic beverage taxes
  • Public utility taxes$148 thousand
  • Alcoholic beverage taxes$34 thousand

Amounts are by Census tax category.

Property tax
29%$164 thousand

State tax money1.9%

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

From the state
1.9%$11 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cumberland City. 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 Cumberland City 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.