Town government · Lake County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Ridgely took in $2.2 million and spent $1.4 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes41%Fees for services (water, garbage collection)38%State tax money10%Fines and other9.3%County and local tax money1.7%

What stands out

37%

of Ridgely's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Town taxes41%

Property tax
37%$802 thousand
Other taxes
4.2%$90 thousand
What's in other taxesAlcoholic beverage taxes; public utility taxes and 1 more
  • Alcoholic beverage taxes$72 thousand
  • Public utility taxes$16 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services38%

Fees for services
38%$813 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$552 thousand
  • Garbage collection$193 thousand
  • Other government-run businesses$68 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$220 thousand

County and local tax money1.7%

Money passed on by the county or other local governments.

From the county and other local governments
1.7%$37 thousand

Fines and other9.3%

Interest, rents and other
5.0%$109 thousand
Fines
4.3%$93 thousand

Where it goes

Water, sewer, trash and utilities41%Police, fire, courts and jails29%Running the government and other costs23%Roads, transit and parking6.5%Interest on debt0.7%Parks, recreation and libraries0.3%

What stands out

29%

of Ridgely'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%

Water, sewer, trash and utilities
41%$560 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$364 thousand
  • Garbage and solid waste$196 thousand
Police, fire, courts and jails
29%$394 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$377 thousand
  • Fire protection$17 thousand
Running the government and other costs
23%$311 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$161 thousand
  • Other and not broken out$81 thousand
  • Other government-run businesses$69 thousand
Roads, transit and parking
6.5%$89 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$89 thousand
Interest on debt
0.7%$10 thousand
Parks, recreation and libraries
0.3%$4 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$2 thousand
  • Parks and recreation$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Ridgely. 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 Ridgely 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.