City government · Upton County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Rankin took in $1.4 million and spent $536 thousand.

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

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Where it comes from

Fees for services (gas, water)46%City taxes28%Federal tax money26%Fines and other0.2%

What stands out

26%

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

City taxes28%

Sales tax
22%$300 thousand
Property tax
5.0%$69 thousand
Other taxes
1.9%$26 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$26 thousand

Amounts are by Census tax category.

Fees for services46%

Fees for services
46%$639 thousand
What's in fees for servicesGas; water and 1 more
  • Gas$282 thousand
  • Water$197 thousand
  • Sewer$160 thousand

Amounts are by Census type of charge.

Federal tax money26%

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

From the federal government
26%$355 thousand

Fines and other0.2%

Interest, rents and other
0.2%$3 thousand

Where it goes

Running the government and other costs54%Water, sewer, trash and utilities39%Roads, transit and parking6.7%

What stands out

54%

of Rankin's 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
54%$292 thousand
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
  • Other and not broken out$273 thousand
  • Finance, tax collection and budgeting$19 thousand
Water, sewer, trash and utilities
39%$208 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$163 thousand
  • Sewer systems$30 thousand
  • Gas supply$15 thousand
Roads, transit and parking
6.7%$36 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$36 thousand
Sources and moreWhere these numbers come from and what they cover

City of Rankin. 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 Rankin 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.