City government · Weakley County, TN

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

In the latest recorded fiscal year (ended June 30, 2024), Martin took in $12.3 million and spent $10.6 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, gas)60%City taxes18%State tax money14%Fines and other8.2%County and local tax money0.3%

What stands out

60%

of Martin's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes18%

Other taxes
8.3%$1.0 million
What's in other taxesAlcoholic beverage taxes; public utility taxes and 4 more
  • Alcoholic beverage taxes$336 thousand
  • Public utility taxes$263 thousand
  • Other selective sales taxes$222 thousand
  • Other taxes not classified elsewhere$170 thousand
  • Alcoholic beverage licenses$15 thousand
  • Other licenses$7 thousand

Amounts are by Census tax category.

Property tax
5.0%$614 thousand
Sales tax
4.3%$526 thousand

Fees for services60%

Fees for services
60%$7.4 million
What's in fees for servicesWater and gas
  • Water$4.2 million
  • Gas$3.2 million

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$1.7 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$34 thousand

Fines and other8.2%

Interest, rents and other
8.2%$1.0 million

Where it goes

Water, sewer, trash and utilities68%Police, fire, courts and jails17%Roads, transit and parking7.8%Running the government and other costs4.4%Parks, recreation and libraries2.6%Interest on debt0.2%

What stands out

68%

of Martin's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
68%$7.2 million
What's in water, sewer, trash and utilitiesWater supply; gas supply and 1 more
  • Water supply$3.7 million
  • Gas supply$3.0 million
  • Garbage and solid waste$502 thousand
Police, fire, courts and jails
17%$1.8 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.7 million
  • Fire protection$123 thousand
Roads, transit and parking
7.8%$829 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$829 thousand
Running the government and other costs
4.4%$463 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$463 thousand
Parks, recreation and libraries
2.6%$272 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$247 thousand
  • Libraries$25 thousand
Interest on debt
0.2%$24 thousand
Sources and moreWhere these numbers come from and what they cover

City of Martin. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Martin 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.