City government · Young County, TX

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

In the latest recorded fiscal year (ended June 30, 2022), Newcastle took in $226 thousand and spent $320 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (garbage collection, sewer)70%City taxes29%County and local tax money0.4%

What stands out

70%

of Newcastle's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes29%

Property tax
29%$65 thousand
Sales tax
0.4%$1 thousand

Fees for services70%

Fees for services
70%$159 thousand
What's in fees for servicesGarbage collection; sewer and 2 more
  • Garbage collection$89 thousand
  • Sewer$57 thousand
  • Gas$7 thousand
  • Electric power$6 thousand

Amounts are by Census type of charge.

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$1 thousand

Where it goes

Water, sewer, trash and utilities76%Running the government and other costs15%Interest on debt5.0%Sent to other local governments1.9%Police, fire, courts and jails1.6%

What stands out

76%

of Newcastle'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
76%$244 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$98 thousand
  • Garbage and solid waste$89 thousand
  • Sewer systems$57 thousand
Running the government and other costs
15%$49 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)$45 thousand
  • Finance, tax collection and budgeting$2 thousand
  • Government buildings$2 thousand
Interest on debt
5.0%$16 thousand
Sent to other local governments
1.9%$6 thousand
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
  • Sent to the state government$5 thousand
  • Sent to local governments: other and not broken out$1 thousand
Police, fire, courts and jails
1.6%$5 thousand
What's in police, fire, courts and jailsInspections and regulation
  • Inspections and regulation$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Newcastle. 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 Newcastle 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.