City government · Titus County, TX

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

In the latest recorded fiscal year (ended August 31, 2021), Talco took in $395 thousand and spent $3 thousand.

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

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Where it comes from

Fees for services (water, garbage collection)57%City taxes28%Federal tax money16%

What stands out

16%

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

City taxes28%

Property tax
15%$61 thousand
Sales tax
11%$45 thousand
Other taxes
0.8%$3 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$3 thousand

Amounts are by Census tax category.

Fees for services57%

Fees for services
57%$224 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$148 thousand
  • Garbage collection$42 thousand
  • Sewer$34 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$62 thousand

Where it goes

Running the government and other costs100%

What stands out

100%

of Talco'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
100%$3 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$3 thousand
Sources and moreWhere these numbers come from and what they cover

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

What this covers. The money of City of Talco 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.