Town government · Rhea County, TN

Spring City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Spring City took in $3.9 million and spent $3.8 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)52%Town taxes34%Fines and other8.0%State tax money3.7%Federal tax money2.4%

What stands out

17%

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

Town taxes34%

Sales tax
17%$676 thousand
Property tax
16%$621 thousand
Other taxes
1.4%$56 thousand
What's in other taxesPublic utility taxes; alcoholic beverage taxes and 1 more
  • Public utility taxes$30 thousand
  • Alcoholic beverage taxes$24 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services52%

Fees for services
52%$2.0 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$958 thousand
  • Water$903 thousand
  • Garbage collection$172 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

Federal tax money2.4%

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

From the federal government
2.4%$93 thousand

State tax money3.7%

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

From the state
3.7%$145 thousand

Fines and other8.0%

Fines
7.3%$286 thousand
Interest, rents and other
0.8%$31 thousand

Where it goes

Police, fire, courts and jails36%Water, sewer, trash and utilities31%Running the government and other costs22%Parks, recreation and libraries8.1%Interest on debt3.0%

What stands out

36%

of Spring City'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
36%$1.4 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$881 thousand
  • Fire protection$486 thousand
Water, sewer, trash and utilities
31%$1.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$577 thousand
  • Sewer systems$489 thousand
  • Garbage and solid waste$136 thousand
Running the government and other costs
22%$853 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$646 thousand
  • Central staff services (personnel, purchasing, technology)$167 thousand
  • Government buildings$40 thousand
Parks, recreation and libraries
8.1%$310 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$212 thousand
  • Libraries$98 thousand
Interest on debt
3.0%$116 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Spring City. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Spring City 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.