City government · Denton County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Krum took in $9.1 million and spent $9.8 million.

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

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Where it comes from

Fees for services (water, sewer)44%City taxes44%Fines and other12%County and local tax money0.2%State tax money<0.1%

What stands out

5.5%

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

City taxes44%

Property tax
31%$2.8 million
Other taxes
7.3%$662 thousand
What's in other taxesOther licenses
  • Other licenses$662 thousand

Amounts are by Census tax category.

Sales tax
5.5%$502 thousand

Fees for services44%

Fees for services
44%$4.0 million
What's in fees for servicesWater; sewer and 2 more
  • Water$1.8 million
  • Sewer$1.6 million
  • Hospital bills$292 thousand
  • Garbage collection$254 thousand

Amounts are by Census type of charge.

State tax money<0.1%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
<0.1%$5 thousand

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$20 thousand

Fines and other12%

Interest, rents and other
12%$1.1 million
Fines
0.7%$68 thousand

Where it goes

Water, sewer, trash and utilities59%Running the government and other costs15%Police, fire, courts and jails13%Interest on debt8.2%Parks, recreation and libraries2.8%All other spending2.1%

What stands out

59%

of Krum'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
59%$5.8 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$2.8 million
  • Water supply$2.8 million
  • Garbage and solid waste$254 thousand
Running the government and other costs
15%$1.4 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$750 thousand
  • Central staff services (personnel, purchasing, technology)$349 thousand
  • Other and not broken out$334 thousand
Police, fire, courts and jails
13%$1.3 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$916 thousand
  • Fire protection$251 thousand
  • Courts and legal services$97 thousand
Interest on debt
8.2%$801 thousand
Parks, recreation and libraries
2.8%$279 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$200 thousand
  • Parks and recreation$79 thousand
Roads, transit and parking
1.5%$151 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$151 thousand
Sent to other local governments
0.6%$54 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$54 thousand
Sources and moreWhere these numbers come from and what they cover

City of Krum. 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 City of Krum 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.