City government · Bosque County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Meridian took in $2.6 million and spent $5.2 million.

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

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Where it comes from

Fees for services (water, sewer)39%City taxes26%State tax money20%Fines and other15%

What stands out

10%

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

City taxes26%

Property tax
14%$379 thousand
Sales tax
9.7%$256 thousand
Other taxes
2.1%$54 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$54 thousand

Amounts are by Census tax category.

Fees for services39%

Fees for services
39%$1.0 million
What's in fees for servicesWater; sewer and 2 more
  • Water$665 thousand
  • Sewer$208 thousand
  • Garbage collection$146 thousand
  • Parks and recreation$17 thousand

Amounts are by Census type of charge.

State tax money20%

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

From the state
20%$526 thousand

Fines and other15%

Interest, rents and other
8.6%$226 thousand
Fines
6.0%$157 thousand

Where it goes

Running the government and other costs72%Water, sewer, trash and utilities19%Police, fire, courts and jails7.8%Interest on debt0.8%Parks, recreation and libraries0.5%

What stands out

72%

of Meridian's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
72%$3.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$3.6 million
  • Other and not broken out$181 thousand
Water, sewer, trash and utilities
19%$985 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$464 thousand
  • Sewer systems$324 thousand
  • Garbage and solid waste$197 thousand
Police, fire, courts and jails
7.8%$405 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$332 thousand
  • Fire protection$39 thousand
  • Courts and legal services$34 thousand
Interest on debt
0.8%$41 thousand
Parks, recreation and libraries
0.5%$28 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$23 thousand
  • Libraries$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Meridian. 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 Meridian 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.