Town government · Grayson County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Southmayd took in $1.3 million and spent $1.0 million.

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

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Where it comes from

Town taxes47%Fees for services (water, garbage collection)26%Fines and other15%State tax money11%County and local tax money0.9%

What stands out

20%

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

Town taxes47%

Property tax
23%$303 thousand
Sales tax
20%$261 thousand
Other taxes
2.9%$38 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$38 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$339 thousand
What's in fees for servicesWater and garbage collection
  • Water$270 thousand
  • Garbage collection$69 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$141 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$11 thousand

Fines and other15%

Fines
15%$189 thousand
Interest, rents and other
0.8%$10 thousand

Where it goes

Police, fire, courts and jails44%Water, sewer, trash and utilities26%Running the government and other costs15%Roads, transit and parking11%Interest on debt4.1%

What stands out

44%

of Southmayd's 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
44%$447 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$355 thousand
  • Fire protection$79 thousand
  • Inspections and regulation$13 thousand
Water, sewer, trash and utilities
26%$268 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$202 thousand
  • Garbage and solid waste$66 thousand
Running the government and other costs
15%$150 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$150 thousand
Roads, transit and parking
11%$107 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$107 thousand
Interest on debt
4.1%$42 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Southmayd. 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 Southmayd 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.