City government · Monroe County, TN

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

In the latest recorded fiscal year (ended June 30, 2024), Sweetwater took in $27.7 million and spent $27.9 million.

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

See every government that serves your ZIP

Where it comes from

State tax money53%City taxes27%County and local tax money14%Fees for services (garbage collection, school lunches)3.2%Fines and other3.0%Federal tax money0.5%

What stands out

53%

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

City taxes27%

Sales tax
14%$3.9 million
Property tax
7.5%$2.1 million
Other taxes
5.1%$1.4 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 4 more
  • Other selective sales taxes$775 thousand
  • Occupation and business licenses$278 thousand
  • Alcoholic beverage taxes$276 thousand
  • Other licenses$52 thousand
  • Amusement taxes$12 thousand
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services3.2%

Fees for services
3.2%$884 thousand
What's in fees for servicesGarbage collection; other school charges and 6 more
  • Garbage collection$308 thousand
  • Other school charges$270 thousand
  • School lunches$114 thousand
  • Other service charges$93 thousand
  • Parks and recreation$42 thousand
  • Other government-run businesses$32 thousand
  • School tuition and transportation$15 thousand
  • Road charges$10 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$147 thousand

State tax money53%

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

From the state
53%$14.5 million

County and local tax money14%

Money passed on by the county or other local governments.

From the county and other local governments
14%$3.8 million

Fines and other3.0%

Interest, rents and other
2.9%$808 thousand
Fines
0.1%$34 thousand

Where it goes

Schools and colleges56%Police, fire, courts and jails16%Running the government and other costs11%Roads, transit and parking7.0%Parks, recreation and libraries3.2%All other spending6.7%

What stands out

56%

of Sweetwater's spending goes to schools and colleges.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Schools and colleges
56%$15.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$15.6 million
Police, fire, courts and jails
16%$4.5 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$3.1 million
  • Fire protection$1.4 million
  • Courts and legal services$47 thousand
Running the government and other costs
11%$3.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$1.2 million
  • Government buildings$1.2 million
  • Other and not broken out$612 thousand
Roads, transit and parking
7.0%$2.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.0 million
Parks, recreation and libraries
3.2%$891 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$677 thousand
  • Libraries$214 thousand
Interest on debt
2.9%$796 thousand
Sent to other local governments
2.7%$754 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$754 thousand
Water, sewer, trash and utilities
1.1%$319 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$319 thousand
Sources and moreWhere these numbers come from and what they cover

City of Sweetwater. 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 City of Sweetwater 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.