City government · Rusk County, TX

New London's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), New London took in $833 thousand and spent $664 thousand.

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

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Where it comes from

City taxes52%Fees for services (water, sewer)40%Fines and other7.1%

What stands out

52%

of New London's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes52%

Property tax
52%$437 thousand

Fees for services40%

Fees for services
40%$337 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$250 thousand
  • Sewer$68 thousand
  • Other service charges$14 thousand
  • Garbage collection$5 thousand

Amounts are by Census type of charge.

Fines and other7.1%

Fines
6.6%$55 thousand
Interest, rents and other
0.5%$4 thousand

Where it goes

Water, sewer, trash and utilities67%Running the government and other costs26%Police, fire, courts and jails6.8%

What stands out

67%

of New London'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
67%$448 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$428 thousand
  • Sewer systems$20 thousand
Running the government and other costs
26%$171 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$161 thousand
  • Other and not broken out$6 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
Police, fire, courts and jails
6.8%$45 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$42 thousand
  • Courts and legal services$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of New London. 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 New London 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.