Town government · Lincoln County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Petersburg took in $530 thousand and spent $477 thousand.

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

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Where it comes from

Fees for services (water, garbage collection)47%Town taxes27%State tax money20%Fines and other5.7%

What stands out

13%

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

Town taxes27%

Sales tax
13%$70 thousand
Property tax
8.7%$46 thousand
Other taxes
5.5%$29 thousand
What's in other taxesAlcoholic beverage taxes; public utility taxes and 1 more
  • Alcoholic beverage taxes$21 thousand
  • Public utility taxes$6 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services47%

Fees for services
47%$250 thousand
What's in fees for servicesWater and garbage collection
  • Water$207 thousand
  • Garbage collection$43 thousand

Amounts are by Census type of charge.

State tax money20%

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

From the state
20%$105 thousand

Fines and other5.7%

Fines
3.2%$17 thousand
Interest, rents and other
2.5%$13 thousand

Where it goes

Water, sewer, trash and utilities52%Running the government and other costs28%Police, fire, courts and jails11%Roads, transit and parking6.9%Interest on debt1.5%Parks, recreation and libraries0.2%

What stands out

52%

of Petersburg's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
52%$250 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$210 thousand
  • Garbage and solid waste$40 thousand
Running the government and other costs
28%$135 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$135 thousand
Police, fire, courts and jails
11%$51 thousand
What's in police, fire, courts and jailsPolice
  • Police$51 thousand
Roads, transit and parking
6.9%$33 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$33 thousand
Interest on debt
1.5%$7 thousand
Parks, recreation and libraries
0.2%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Petersburg. 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 Petersburg 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.