Town government · Wood County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Alba took in $850 thousand and spent $612 thousand.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

Town taxes36%Fees for services (water)34%Federal tax money13%Fines and other13%State tax money3.5%

What stands out

21%

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

Town taxes36%

Sales tax
21%$181 thousand
Property tax
15%$128 thousand

Fees for services34%

Fees for services
34%$290 thousand
What's in fees for servicesWater
  • Water$290 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$114 thousand

State tax money3.5%

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

From the state
3.5%$30 thousand

Fines and other13%

Fines
13%$107 thousand

Where it goes

Water, sewer, trash and utilities80%Interest on debt7.4%Police, fire, courts and jails5.1%Roads, transit and parking3.1%Running the government and other costs2.9%Parks, recreation and libraries1.5%

What stands out

80%

of Alba'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
80%$490 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$490 thousand
Interest on debt
7.4%$45 thousand
Police, fire, courts and jails
5.1%$31 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$18 thousand
  • Courts and legal services$13 thousand
Roads, transit and parking
3.1%$19 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$19 thousand
Running the government and other costs
2.9%$18 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$18 thousand
Parks, recreation and libraries
1.5%$9 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Alba. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Alba 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.