Town government · Denton County, TX

Corral City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Corral City took in $67 thousand and spent $61 thousand.

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

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Where it comes from

Town taxes97%Fines and other3.0%

What stands out

85%

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

Town taxes97%

Sales tax
85%$57 thousand
Property tax
12%$8 thousand

Fines and other3.0%

Interest, rents and other
3.0%$2 thousand

Where it goes

Running the government and other costs48%Police, fire, courts and jails21%Interest on debt11%Parks, recreation and libraries9.8%Water, sewer, trash and utilities9.8%

What stands out

11%

of Corral City's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Running the government and other costs
48%$29 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and government buildings
  • Central staff services (personnel, purchasing, technology)$17 thousand
  • Government buildings$12 thousand
Police, fire, courts and jails
21%$13 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$12 thousand
  • Courts and legal services$1 thousand
Interest on debt
11%$7 thousand
Parks, recreation and libraries
9.8%$6 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$6 thousand
Water, sewer, trash and utilities
9.8%$6 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$6 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Corral City. 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 Corral City 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.