Town government · Tipton County, TN

Gilt Edge's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Gilt Edge took in $223 thousand and spent $115 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 taxes43%State tax money27%Fines and other17%County and local tax money13%

What stands out

43%

of Gilt Edge'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 taxes43%

Other taxes
43%$97 thousand
What's in other taxesAlcoholic beverage taxes and public utility taxes
  • Alcoholic beverage taxes$95 thousand
  • Public utility taxes$2 thousand

Amounts are by Census tax category.

State tax money27%

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

From the state
27%$60 thousand

County and local tax money13%

Money passed on by the county or other local governments.

From the county and other local governments
13%$29 thousand

Fines and other17%

Interest, rents and other
17%$37 thousand

Where it goes

Police, fire, courts and jails59%Running the government and other costs27%Roads, transit and parking11%Interest on debt1.7%Social services0.9%

What stands out

59%

of Gilt Edge'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
59%$68 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$68 thousand
Running the government and other costs
27%$31 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$13 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
  • Other and not broken out$6 thousand
  • Government buildings$4 thousand
Roads, transit and parking
11%$13 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$13 thousand
Interest on debt
1.7%$2 thousand
Social services
0.9%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Gilt Edge. 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 Gilt Edge 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.