Town government · Henderson County, TX

Payne Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Payne Springs took in $278 thousand and spent $346 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Town taxes66%Federal tax money34%

What stands out

66%

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

Town taxes66%

Sales tax
66%$183 thousand

Federal tax money34%

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

From the federal government
34%$95 thousand

Where it goes

Running the government and other costs96%Police, fire, courts and jails4.3%

What stands out

96%

of Payne Springs' spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
96%$331 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$331 thousand
Police, fire, courts and jails
4.3%$15 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Payne Springs. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Payne Springs 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.