Town government · Collin County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Prosper took in $104 million and spent $86.4 million.

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

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Where it comes from

Town taxes52%Fees for services (water, sewer)28%Fines and other17%Federal tax money2.0%State tax money0.7%

What stands out

17%

of Prosper's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

Town taxes52%

Property tax
26%$26.9 million
Sales tax
17%$17.6 million
Other taxes
9.7%$10.1 million
What's in other taxesOther licenses and public utility taxes
  • Other licenses$8.1 million
  • Public utility taxes$2.0 million

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$28.8 million
What's in fees for servicesWater; sewer and 3 more
  • Water$15.9 million
  • Sewer$9.6 million
  • Garbage collection$1.7 million
  • Other service charges$1.2 million
  • Parks and recreation$411 thousand

Amounts are by Census type of charge.

Federal tax money2.0%

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

From the federal government
2.0%$2.1 million

State tax money0.7%

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

From the state
0.7%$707 thousand

Fines and other17%

Interest, rents and other
17%$17.6 million
Fines
0.3%$301 thousand

Where it goes

Water, sewer, trash and utilities28%Roads, transit and parking25%Police, fire, courts and jails23%Running the government and other costs13%Parks, recreation and libraries5.9%Interest on debt5.4%

What stands out

25%

of Prosper's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
28%$24.4 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$12.6 million
  • Sewer systems$10.0 million
  • Garbage and solid waste$1.9 million
Roads, transit and parking
25%$21.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$21.9 million
Police, fire, courts and jails
23%$19.5 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$9.4 million
  • Police$7.0 million
  • Inspections and regulation$2.7 million
  • Courts and legal services$408 thousand
Running the government and other costs
13%$10.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$7.4 million
  • Other and not broken out$1.9 million
  • Finance, tax collection and budgeting$1.0 million
  • Government buildings$581 thousand
Parks, recreation and libraries
5.9%$5.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$4.5 million
  • Libraries$614 thousand
Interest on debt
5.4%$4.7 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$3.4 million
  • Interest on water supply debt$1.3 million
Sources and moreWhere these numbers come from and what they cover

Town of Prosper. 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 Town of Prosper 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.