Town government · Weakley County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Sharon took in $1.3 million and spent $1.1 million.

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

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Where it comes from

Fees for services (water, sewer)34%Town taxes33%State tax money12%Federal tax money10%Fines and other9.1%County and local tax money1.4%

What stands out

13%

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

Town taxes33%

Property tax
15%$195 thousand
Sales tax
13%$172 thousand
Other taxes
5.1%$68 thousand
What's in other taxesOther selective sales taxes; alcoholic beverage taxes and 2 more
  • Other selective sales taxes$22 thousand
  • Alcoholic beverage taxes$18 thousand
  • Public utility taxes$16 thousand
  • Motor vehicle licenses$12 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$451 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$160 thousand
  • Sewer$152 thousand
  • Garbage collection$136 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

Federal tax money10%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
10%$136 thousand

State tax money12%

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

From the state
12%$164 thousand

County and local tax money1.4%

Money passed on by the county or other local governments.

From the county and other local governments
1.4%$19 thousand

Fines and other9.1%

Interest, rents and other
7.9%$105 thousand
Fines
1.1%$15 thousand

Where it goes

Water, sewer, trash and utilities37%Running the government and other costs27%Police, fire, courts and jails22%Roads, transit and parking7.9%Parks, recreation and libraries6.3%

What stands out

22%

of Sharon'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
37%$423 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$248 thousand
  • Sewer systems$94 thousand
  • Garbage and solid waste$81 thousand
Running the government and other costs
27%$303 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$147 thousand
  • Finance, tax collection and budgeting$111 thousand
  • Other and not broken out$45 thousand
Police, fire, courts and jails
22%$254 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$179 thousand
  • Fire protection$75 thousand
Roads, transit and parking
7.9%$90 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$90 thousand
Parks, recreation and libraries
6.3%$72 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$43 thousand
  • Parks and recreation$29 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sharon. 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 Sharon 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.