City government · Denton County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Corinth took in $30.3 million and spent $19.8 million.

Latest recorded year: ended September 30, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes67%Fees for services (water, sewer)27%Fines and other5.6%County and local tax money0.4%State tax money0.1%

What stands out

12%

of Corinth's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes67%

Property tax
47%$14.1 million
Sales tax
12%$3.7 million
Other taxes
7.9%$2.4 million
What's in other taxesOther licenses; public utility taxes and 2 more
  • Other licenses$1.3 million
  • Public utility taxes$1.0 million
  • Other selective sales taxes$78 thousand
  • Alcoholic beverage licenses$12 thousand

Amounts are by Census tax category.

Fees for services27%

Fees for services
27%$8.3 million
What's in fees for servicesWater; sewer and 3 more
  • Water$3.5 million
  • Sewer$2.1 million
  • Garbage collection$1.9 million
  • Other government-run businesses$467 thousand
  • Other service charges$268 thousand

Amounts are by Census type of charge.

State tax money0.1%

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

From the state
0.1%$31 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$107 thousand

Fines and other5.6%

Interest, rents and other
5.2%$1.6 million
Fines
0.4%$111 thousand

Where it goes

Police, fire, courts and jails29%Water, sewer, trash and utilities15%Running the government and other costs13%Sent to other local governments12%Parks, recreation and libraries12%All other spending19%

What stands out

12%

of Corinth's spending goes to local governments.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
29%$5.8 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.8 million
  • Fire protection$2.1 million
  • Inspections and regulation$734 thousand
  • Courts and legal services$156 thousand
Water, sewer, trash and utilities
15%$3.0 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$1.9 million
  • Water supply$893 thousand
  • Sewer systems$241 thousand
Running the government and other costs
13%$2.6 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$1.3 million
  • Finance, tax collection and budgeting$656 thousand
  • Other and not broken out$411 thousand
  • Government buildings$236 thousand
Sent to other local governments
12%$2.4 million
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$2.4 million
Parks, recreation and libraries
12%$2.3 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.3 million
Roads, transit and parking
11%$2.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.1 million
Interest on debt
5.2%$1.0 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$841 thousand
  • Interest on water supply debt$196 thousand
Environment and natural resources
2.0%$392 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$392 thousand
Health and hospitals
0.9%$172 thousand
What's in health and hospitalsPublic health
  • Public health$172 thousand
Sources and moreWhere these numbers come from and what they cover

City of Corinth. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Corinth 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.