City government · Bell County, TX

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

In the latest recorded fiscal year (ended August 31, 2021), Troy took in $2.7 million and spent $2.1 million.

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

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Where it comes from

City taxes41%Fees for services (water, sewer)40%State tax money10%Fines and other7.8%

What stands out

11%

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

City taxes41%

Property tax
21%$563 thousand
Sales tax
11%$296 thousand
Other taxes
9.1%$243 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$141 thousand
  • Other licenses$66 thousand
  • Occupation and business licenses$36 thousand

Amounts are by Census tax category.

Fees for services40%

Fees for services
40%$1.1 million
What's in fees for servicesWater; sewer and 2 more
  • Water$586 thousand
  • Sewer$299 thousand
  • Garbage collection$113 thousand
  • Other service charges$77 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$275 thousand

Fines and other7.8%

Fines
6.8%$180 thousand
Interest, rents and other
1.0%$26 thousand

Where it goes

Water, sewer, trash and utilities63%Police, fire, courts and jails30%Roads, transit and parking3.0%Running the government and other costs2.7%Parks, recreation and libraries0.6%Interest on debt0.3%

What stands out

63%

of Troy'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
63%$1.3 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$673 thousand
  • Water supply$532 thousand
  • Garbage and solid waste$114 thousand
Police, fire, courts and jails
30%$628 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$416 thousand
  • Courts and legal services$212 thousand
Roads, transit and parking
3.0%$63 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$63 thousand
Running the government and other costs
2.7%$56 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$38 thousand
  • Finance, tax collection and budgeting$18 thousand
Parks, recreation and libraries
0.6%$13 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$13 thousand
Interest on debt
0.3%$7 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$6 thousand
  • Interest on water supply debt$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Troy. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended August 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 Troy 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.