Town government · Hancock County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Sneedville took in $2.6 million and spent $1.1 million.

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

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Where it comes from

Federal tax money48%Fees for services (sewer, garbage collection)34%Town taxes9.8%County and local tax money6.0%State tax money2.1%Fines and other<0.1%

What stands out

48%

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

Town taxes9.8%

Sales tax
8.6%$222 thousand
Other taxes
1.2%$31 thousand
What's in other taxesAlcoholic beverage taxes
  • Alcoholic beverage taxes$31 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$871 thousand
What's in fees for servicesOther service charges; sewer and 1 more
  • Other service charges$436 thousand
  • Sewer$362 thousand
  • Garbage collection$73 thousand

Amounts are by Census type of charge.

Federal tax money48%

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

From the federal government
48%$1.2 million

State tax money2.1%

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

From the state
2.1%$55 thousand

County and local tax money6.0%

Money passed on by the county or other local governments.

From the county and other local governments
6.0%$153 thousand

Fines and other<0.1%

Interest, rents and other
<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities88%Interest on debt5.6%Roads, transit and parking3.2%Running the government and other costs2.3%Parks, recreation and libraries0.7%Police, fire, courts and jails0.2%

What stands out

88%

of Sneedville'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
88%$968 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$955 thousand
  • Garbage and solid waste$13 thousand
Interest on debt
5.6%$61 thousand
Roads, transit and parking
3.2%$35 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$35 thousand
Running the government and other costs
2.3%$25 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$15 thousand
  • Central staff services (personnel, purchasing, technology)$10 thousand
Parks, recreation and libraries
0.7%$8 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$5 thousand
  • Libraries$3 thousand
Police, fire, courts and jails
0.2%$2 thousand
What's in police, fire, courts and jailsCourts and legal services and inspections and regulation
  • Courts and legal services$1 thousand
  • Inspections and regulation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Sneedville. 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 Sneedville 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.