City government · Giles County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Elkton took in $280 thousand and spent $148 thousand.

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

See every government that serves your ZIP

Where it comes from

City taxes61%Federal tax money28%State tax money7.9%Fines and other3.6%

What stands out

37%

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

City taxes61%

Sales tax
37%$103 thousand
Property tax
14%$40 thousand
Other taxes
9.6%$27 thousand
What's in other taxesAlcoholic beverage taxes
  • Alcoholic beverage taxes$27 thousand

Amounts are by Census tax category.

Federal tax money28%

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

From the federal government
28%$78 thousand

State tax money7.9%

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

From the state
7.9%$22 thousand

Fines and other3.6%

Interest, rents and other
3.6%$10 thousand

Where it goes

Police, fire, courts and jails53%Running the government and other costs29%Parks, recreation and libraries18%

What stands out

53%

of Elkton'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%

Police, fire, courts and jails
53%$79 thousand
What's in police, fire, courts and jailsPolice
  • Police$79 thousand
Running the government and other costs
29%$43 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)$40 thousand
  • Finance, tax collection and budgeting$3 thousand
Parks, recreation and libraries
18%$26 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$26 thousand
Sources and moreWhere these numbers come from and what they cover

City of Elkton. 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 Elkton 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.