Town government · Van Zandt County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Edgewood took in $1.6 million and spent $818 thousand.

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

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Where it comes from

Town taxes55%Fees for services (water, sewer)42%Fines and other2.8%County and local tax money0.3%

What stands out

26%

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

Town taxes55%

Property tax
29%$456 thousand
Sales tax
26%$413 thousand
Other taxes
0.4%$7 thousand
What's in other taxesOther licenses
  • Other licenses$7 thousand

Amounts are by Census tax category.

Fees for services42%

Fees for services
42%$664 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$374 thousand
  • Sewer$250 thousand
  • Garbage collection$40 thousand

Amounts are by Census type of charge.

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$4 thousand

Fines and other2.8%

Fines
2.3%$37 thousand
Interest, rents and other
0.5%$8 thousand

Where it goes

Police, fire, courts and jails53%Running the government and other costs39%Water, sewer, trash and utilities7.3%Parks, recreation and libraries0.6%Interest on debt0.4%

What stands out

53%

of Edgewood's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
53%$434 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$351 thousand
  • Courts and legal services$45 thousand
  • Fire protection$35 thousand
  • Inspections and regulation$3 thousand
Running the government and other costs
39%$316 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$239 thousand
  • Central staff services (personnel, purchasing, technology)$72 thousand
  • Government buildings$5 thousand
Water, sewer, trash and utilities
7.3%$60 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$30 thousand
  • Water supply$30 thousand
Parks, recreation and libraries
0.6%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Interest on debt
0.4%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Edgewood. 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 Edgewood 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.