Town government · Franklin County, TX

Mount Vernon's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Mount Vernon took in $4.0 million and spent $2.2 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)47%Town taxes40%Federal tax money8.5%State tax money4.2%Fines and other0.3%

What stands out

18%

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

Town taxes40%

Property tax
22%$870 thousand
Sales tax
18%$718 thousand

Fees for services47%

Fees for services
47%$1.9 million
What's in fees for servicesWater; sewer and 2 more
  • Water$777 thousand
  • Sewer$652 thousand
  • Garbage collection$460 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money8.5%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
8.5%$340 thousand

State tax money4.2%

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

From the state
4.2%$166 thousand

Fines and other0.3%

Interest, rents and other
0.3%$11 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities49%Police, fire, courts and jails37%Running the government and other costs9.4%Interest on debt3.3%Parks, recreation and libraries1.3%Health and hospitals0.1%

What stands out

37%

of Mount Vernon'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%

Water, sewer, trash and utilities
49%$1.1 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$697 thousand
  • Garbage and solid waste$350 thousand
  • Sewer systems$44 thousand
Police, fire, courts and jails
37%$819 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$733 thousand
  • Courts and legal services$62 thousand
  • Fire protection$24 thousand
Running the government and other costs
9.4%$209 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$120 thousand
  • Finance, tax collection and budgeting$72 thousand
  • Government buildings$17 thousand
Interest on debt
3.3%$73 thousand
Parks, recreation and libraries
1.3%$29 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$19 thousand
  • Parks and recreation$10 thousand
Health and hospitals
0.1%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Mount Vernon. 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 Mount Vernon 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.