Town government · Hamilton County, TN

Signal Mountain's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Signal Mountain took in $12.2 million and spent $11.1 million.

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

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Where it comes from

Town taxes70%Fees for services (water, parks and recreation)18%State tax money11%Fines and other0.5%

What stands out

51%

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

Town taxes70%

Property tax
51%$6.2 million
Other taxes
11%$1.4 million
What's in other taxesOther licenses; occupation and business licenses and 3 more
  • Other licenses$1.0 million
  • Occupation and business licenses$163 thousand
  • Public utility taxes$107 thousand
  • Alcoholic beverage taxes$61 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Sales tax
8.3%$1.0 million

Fees for services18%

Fees for services
18%$2.1 million
What's in fees for servicesWater; parks and recreation and 2 more
  • Water$1.9 million
  • Parks and recreation$144 thousand
  • Other service charges$84 thousand
  • Garbage collection$44 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$1.4 million

Fines and other0.5%

Interest, rents and other
0.5%$60 thousand
Fines
<0.1%$6 thousand

Where it goes

Police, fire, courts and jails41%Water, sewer, trash and utilities33%Running the government and other costs10%Parks, recreation and libraries7.7%Roads, transit and parking5.0%All other spending3.4%

What stands out

41%

of Signal Mountain'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
41%$4.5 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$2.7 million
  • Police$1.6 million
  • Inspections and regulation$203 thousand
  • Courts and legal services$44 thousand
Water, sewer, trash and utilities
33%$3.6 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and water supply
  • Garbage and solid waste$1.9 million
  • Water supply$1.7 million
Running the government and other costs
10%$1.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$486 thousand
  • Government buildings$322 thousand
  • Finance, tax collection and budgeting$283 thousand
  • Other and not broken out$70 thousand
Parks, recreation and libraries
7.7%$858 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$600 thousand
  • Libraries$258 thousand
Roads, transit and parking
5.0%$556 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$556 thousand
Environment and natural resources
2.5%$276 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$276 thousand
Interest on debt
0.9%$99 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Signal Mountain. 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 Signal Mountain 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.