Town government · Floyd County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Floydada took in $5.3 million and spent $5.8 million.

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

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Where it comes from

Fees for services (electric power, water)84%Town taxes15%Fines and other0.5%

What stands out

84%

of Floydada's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes15%

Property tax
8.0%$424 thousand
Sales tax
5.6%$296 thousand
Other taxes
1.8%$96 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$95 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services84%

Fees for services
84%$4.5 million
What's in fees for servicesElectric power; water and 5 more
  • Electric power$2.7 million
  • Water$914 thousand
  • Garbage collection$515 thousand
  • Sewer$294 thousand
  • Other service charges$67 thousand
  • Airport$13 thousand
  • Parks and recreation$4 thousand

Amounts are by Census type of charge.

Fines and other0.5%

Interest, rents and other
0.3%$14 thousand
Fines
0.2%$11 thousand

Where it goes

Water, sewer, trash and utilities70%Police, fire, courts and jails14%Running the government and other costs8.6%Roads, transit and parking5.3%Health and hospitals1.0%Parks, recreation and libraries0.5%

What stands out

70%

of Floydada'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
70%$4.1 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$2.5 million
  • Water supply$849 thousand
  • Garbage and solid waste$551 thousand
  • Sewer systems$242 thousand
Police, fire, courts and jails
14%$838 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$664 thousand
  • Fire protection$94 thousand
  • Courts and legal services$79 thousand
  • Inspections and regulation$1 thousand
Running the government and other costs
8.6%$504 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 1 more
  • Government buildings$278 thousand
  • Finance, tax collection and budgeting$215 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
Roads, transit and parking
5.3%$310 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$278 thousand
  • Airports$32 thousand
Health and hospitals
1.0%$57 thousand
What's in health and hospitalsPublic health
  • Public health$57 thousand
Parks, recreation and libraries
0.5%$29 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$29 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Floydada. 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 Town of Floydada 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.