City government · Wise County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Rhome took in $1.1 million.

Latest recorded year: ended September 30, 2021Comes from

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Where it comes from

City taxes74%Federal tax money26%

What stands out

26%

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

City taxes74%

Property tax
74%$802 thousand

Federal tax money26%

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

From the federal government
26%$281 thousand
Sources and moreWhere these numbers come from and what they cover

City of Rhome. 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 Rhome 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.