City government · Hill County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Covington took in $91 thousand and spent $132 thousand.

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

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Where it comes from

City taxes82%Fees for services (water, sewer)16%Fines and other1.1%

What stands out

82%

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

City taxes82%

Sales tax
82%$75 thousand

Fees for services16%

Fees for services
16%$15 thousand
What's in fees for servicesWater and sewer
  • Water$12 thousand
  • Sewer$3 thousand

Amounts are by Census type of charge.

Fines and other1.1%

Interest, rents and other
1.1%$1 thousand

Where it goes

Water, sewer, trash and utilities96%Running the government and other costs2.3%Parks, recreation and libraries0.8%Interest on debt0.8%

What stands out

96%

of Covington'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
96%$127 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$103 thousand
  • Sewer systems$24 thousand
Running the government and other costs
2.3%$3 thousand
What's in running the government and other costsOther and not broken out and government buildings
  • Other and not broken out$2 thousand
  • Government buildings$1 thousand
Parks, recreation and libraries
0.8%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Interest on debt
0.8%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Covington. 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 Covington 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.