City government · Lamar County, TX

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

In the latest recorded fiscal year (ended December 31, 2021), Toco took in $172 thousand and spent $145 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, garbage collection)46%State tax money41%City taxes13%

What stands out

41%

of Toco's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes13%

Property tax
9.3%$16 thousand
Sales tax
3.5%$6 thousand

Fees for services46%

Fees for services
46%$79 thousand
What's in fees for servicesWater; garbage collection and 1 more
  • Water$62 thousand
  • Garbage collection$13 thousand
  • Sewer$4 thousand

Amounts are by Census type of charge.

State tax money41%

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

From the state
41%$71 thousand

Where it goes

Water, sewer, trash and utilities76%Running the government and other costs24%

What stands out

76%

of Toco's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
76%$110 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$93 thousand
  • Garbage and solid waste$16 thousand
  • Sewer systems$1 thousand
Running the government and other costs
24%$35 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$35 thousand
Sources and moreWhere these numbers come from and what they cover

City of Toco. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Toco 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.