Town government · Claiborne County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Cumberland Gap took in $126 thousand and spent $83 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes100%

What stands out

56%

of Cumberland Gap's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Town taxes100%

Other taxes
56%$70 thousand
What's in other taxesAlcoholic beverage taxes
  • Alcoholic beverage taxes$70 thousand

Amounts are by Census tax category.

Sales tax
35%$44 thousand
Property tax
9.5%$12 thousand

Where it goes

Roads, transit and parking58%Parks, recreation and libraries24%Police, fire, courts and jails18%

What stands out

58%

of Cumberland Gap's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
58%$48 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$48 thousand
Parks, recreation and libraries
24%$20 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$20 thousand
Police, fire, courts and jails
18%$15 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cumberland Gap. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Cumberland Gap 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.