City government · Young County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Olney took in $4.8 million and spent $5.6 million.

Latest recorded year: ended September 30, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, garbage collection)43%City taxes41%State tax money14%Fines and other2.8%

What stands out

12%

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

City taxes41%

Property tax
22%$1.1 million
Sales tax
12%$591 thousand
Other taxes
6.4%$309 thousand
What's in other taxesPublic utility taxes; occupation and business licenses and 1 more
  • Public utility taxes$296 thousand
  • Occupation and business licenses$7 thousand
  • Other selective sales taxes$6 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services
43%$2.1 million
What's in fees for servicesWater; garbage collection and 5 more
  • Water$1.0 million
  • Garbage collection$552 thousand
  • Sewer$412 thousand
  • Other government-run businesses$52 thousand
  • Other service charges$24 thousand
  • Airport$16 thousand
  • Parks and recreation$6 thousand

Amounts are by Census type of charge.

State tax money14%

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

From the state
14%$656 thousand

Fines and other2.8%

Interest, rents and other
1.7%$81 thousand
Fines
1.1%$52 thousand

Where it goes

Water, sewer, trash and utilities40%Roads, transit and parking22%Running the government and other costs20%Police, fire, courts and jails15%Parks, recreation and libraries2.7%Interest on debt0.4%

What stands out

22%

of Olney's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
40%$2.3 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$1.4 million
  • Garbage and solid waste$569 thousand
  • Sewer systems$272 thousand
Roads, transit and parking
22%$1.2 million
What's in roads, transit and parkingAirports and roads and highways
  • Airports$905 thousand
  • Roads and highways$310 thousand
Running the government and other costs
20%$1.1 million
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$526 thousand
  • Other and not broken out$276 thousand
  • Central staff services (personnel, purchasing, technology)$271 thousand
  • Other government-run businesses$45 thousand
Police, fire, courts and jails
15%$851 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$752 thousand
  • Fire protection$67 thousand
  • Courts and legal services$32 thousand
Parks, recreation and libraries
2.7%$151 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$111 thousand
  • Libraries$40 thousand
Interest on debt
0.4%$22 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$17 thousand
  • Interest on general debt$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Olney. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Olney 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.