Town government · Lauderdale County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Gates took in $1.4 million and spent $173 thousand.

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

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Where it comes from

Town taxes45%State tax money37%Fees for services (water)17%Fines and other0.3%

What stands out

37%

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

Town taxes45%

Sales tax
37%$522 thousand
Property tax
7.6%$107 thousand
Other taxes
0.8%$11 thousand
What's in other taxesAlcoholic beverage taxes
  • Alcoholic beverage taxes$11 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$241 thousand
What's in fees for servicesWater
  • Water$241 thousand

Amounts are by Census type of charge.

State tax money37%

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

From the state
37%$522 thousand

Fines and other0.3%

Fines
0.3%$4 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Running the government and other costs64%Police, fire, courts and jails35%Water, sewer, trash and utilities1.2%

Spending by category100%

Running the government and other costs
64%$110 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)$101 thousand
  • Finance, tax collection and budgeting$9 thousand
Police, fire, courts and jails
35%$61 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$30 thousand
  • Fire protection$26 thousand
  • Inspections and regulation$3 thousand
  • Courts and legal services$2 thousand
Water, sewer, trash and utilities
1.2%$2 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Gates. 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 Gates 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.