City government · Hill County, TX
Itasca's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Itasca took in $1.4 million and spent $637 thousand.
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Where it comes from
What stands out
of Itasca's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
City taxes24%
Fees for services47%
What's in fees for servicesWater; sewer and 1 more
- Water$462 thousand
- Sewer$122 thousand
- Garbage collection$92 thousand
Amounts are by Census type of charge.
State tax money30%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Itasca'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%
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
- Water supply$288 thousand
- Garbage and solid waste$6 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
- Police$168 thousand
- Courts and legal services$37 thousand
- Fire protection$19 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$116 thousand
Sources and moreWhere these numbers come from and what they cover
City of Itasca. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of City of Itasca 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.