City government · Matagorda County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Palacios took in $5.1 million and spent $4.6 million.

Latest recorded year: ended September 30, 2021Comes from Goes to

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Where it comes from

City taxes55%Fees for services (water, sewer)34%Federal tax money5.4%Fines and other2.6%State tax money1.8%County and local tax money0.5%

What stands out

19%

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

City taxes55%

Property tax

34%$1.8 million

Sales tax

19%$969 thousand

Other taxes

1.8%$92 thousand

What's in other taxesOther licenses

Other licenses$92 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services

34%$1.7 million

What's in fees for servicesWater; sewer and 3 more

Water$874 thousand
Sewer$798 thousand
Airport$57 thousand
Garbage collection$14 thousand
Parks and recreation$4 thousand

Amounts are by Census type of charge.

Federal tax money5.4%

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

From the federal government

5.4%$274 thousand

State tax money1.8%

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

From the state

1.8%$89 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments

0.5%$23 thousand

Fines and other2.6%

Fines

1.5%$76 thousand

Interest, rents and other

1.1%$56 thousand

Where it goes

Police, fire, courts and jails37%Water, sewer, trash and utilities22%Running the government and other costs18%Roads, transit and parking14%Parks, recreation and libraries4.3%All other spending5.0%

What stands out

37%

of Palacios' 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%

Police, fire, courts and jails

37%$1.7 million

What's in police, fire, courts and jailsPolice; courts and legal services and 1 more

Police$1.3 million
Courts and legal services$281 thousand
Inspections and regulation$100 thousand

Water, sewer, trash and utilities

22%$1.0 million

What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more

Water supply$528 thousand
Sewer systems$457 thousand
Garbage and solid waste$47 thousand

Running the government and other costs

18%$828 thousand

What's in running the government and other costsFinance, tax collection and budgeting

Finance, tax collection and budgeting$828 thousand

Roads, transit and parking

14%$651 thousand

What's in roads, transit and parkingRoads and highways and airports

Roads and highways$451 thousand
Airports$200 thousand

Parks, recreation and libraries

4.3%$198 thousand

What's in parks, recreation and librariesParks and recreation and libraries

Parks and recreation$168 thousand
Libraries$30 thousand

Interest on debt

2.5%$116 thousand

What's in interest on debtInterest on water supply debt and interest on general debt

Interest on water supply debt$84 thousand
Interest on general debt$32 thousand

Sent to other local governments

2.5%$115 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$96 thousand
Sent to local governments: other and not broken out$19 thousand

Sources and moreWhere these numbers come from and what they cover

City of Palacios. 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 Palacios 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.