Town government · Tipton County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Garland took in $271 thousand and spent $2 thousand.

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

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Where it comes from

Federal tax money51%State tax money32%County and local tax money8.5%Fines and other8.5%

What stands out

51%

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

Federal tax money51%

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

From the federal government
51%$138 thousand

State tax money32%

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

From the state
32%$87 thousand

County and local tax money8.5%

Money passed on by the county or other local governments.

From the county and other local governments
8.5%$23 thousand

Fines and other8.5%

Interest, rents and other
8.5%$23 thousand

Where it goes

Interest on debt100%

What stands out

100%

of Garland's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Interest on debt
100%$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Garland. 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 Town of Garland 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.