Town government · Claiborne County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Tazewell took in $2.1 million.

Latest recorded year: ended June 30, 2022Comes from

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Where it comes from

Town taxes63%Fines and other16%County and local tax money14%State tax money4.3%Federal tax money2.4%

What stands out

47%

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

Town taxes63%

Sales tax

47%$986 thousand

Other taxes

16%$340 thousand

What's in other taxesAlcoholic beverage taxes; other licenses and 1 more

Alcoholic beverage taxes$329 thousand
Other licenses$8 thousand
Alcoholic beverage licenses$3 thousand

Amounts are by Census tax category.

Federal tax money2.4%

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

From the federal government

2.4%$50 thousand

State tax money4.3%

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

From the state

4.3%$91 thousand

County and local tax money14%

Money passed on by the county or other local governments.

From the county and other local governments

14%$301 thousand

Fines and other16%

Fines

14%$300 thousand

Interest, rents and other

2.0%$42 thousand

Sources and moreWhere these numbers come from and what they cover

Town of Tazewell. 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 Tazewell 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.