County government · Tipton County, TN

Tipton County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Tipton County took in $191 million and spent $296 million.

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

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Where it comes from

State tax money51%County taxes22%Federal tax money14%Fines and other6.4%Fees for services (garbage collection, school lunches)4.3%Local tax money1.4%

What stands out

51%

of Tipton County's money comes from state tax money.A typical U.S. county of 50,000 to 250,000 people gets 22%.

County taxes22%

Property tax
15%$27.9 million
Sales tax
7.0%$13.3 million
Other taxes
0.8%$1.5 million
What's in other taxesOther selective sales taxes; alcoholic beverage taxes and 3 more
  • Other selective sales taxes$1.1 million
  • Alcoholic beverage taxes$215 thousand
  • Other licenses$159 thousand
  • Public utility taxes$59 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

Fees for services4.3%

Fees for services
4.3%$8.3 million
What's in fees for servicesOther school charges; other service charges and 4 more
  • Other school charges$5.2 million
  • Other service charges$1.9 million
  • Garbage collection$604 thousand
  • School lunches$525 thousand
  • School tuition and transportation$75 thousand
  • Parks and recreation$10 thousand

Amounts are by Census type of charge.

Federal tax money14%

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

From the federal government
14%$26.9 million

State tax money51%

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

From the state
51%$98.2 million

Local tax money1.4%

Money passed on by the county or other local governments.

From other local governments
1.4%$2.7 million

Fines and other6.4%

Interest, rents and other
6.1%$11.6 million
Fines
0.3%$507 thousand

Where it goes

Running the government and other costs46%Schools and colleges43%Police, fire, courts and jails5.8%Roads, transit and parking3.6%Water, sewer, trash and utilities0.7%All other spending1.1%

What stands out

43%

of Tipton County's spending goes to schools and colleges.Most U.S. counties of 50,000 to 250,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
46%$135 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$129 million
  • Central staff services (personnel, purchasing, technology)$3.7 million
  • Finance, tax collection and budgeting$1.5 million
  • Government buildings$666 thousand
Schools and colleges
43%$128 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$128 million
Police, fire, courts and jails
5.8%$17.0 million
What's in police, fire, courts and jailsPolice; prisons and jails and 4 more
  • Police$9.1 million
  • Prisons and jails$3.7 million
  • Courts and legal services$2.2 million
  • Fire protection$1.5 million
  • Inspections and regulation$384 thousand
  • Probation, parole and other corrections$194 thousand
Roads, transit and parking
3.6%$10.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$10.6 million
Water, sewer, trash and utilities
0.7%$2.2 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$1.6 million
  • Sewer systems$603 thousand
Health and hospitals
0.6%$1.9 million
What's in health and hospitalsPublic health
  • Public health$1.9 million
Parks, recreation and libraries
0.2%$530 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$352 thousand
  • Parks and recreation$178 thousand
Housing and community development
0.2%$455 thousand
Environment and natural resources
<0.1%$293 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$293 thousand
Social services
<0.1%$80 thousand
What's in social servicesOther public welfare
  • Other public welfare$80 thousand
Sent to other local governments
<0.1%$53 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$53 thousand
Sources and moreWhere these numbers come from and what they cover

Tipton County. 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 Tipton County 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.