City government · Tarrant County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Watauga took in $30.9 million and spent $26.4 million.

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

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Where it comes from

City taxes55%Fees for services (water, sewer)32%Fines and other9.0%Federal tax money3.0%County and local tax money1.6%State tax money0.2%

What stands out

20%

of Watauga's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes55%

Property tax
29%$9.0 million
Sales tax
20%$6.3 million
Other taxes
5.2%$1.6 million
What's in other taxesPublic utility taxes; occupation and business licenses and 1 more
  • Public utility taxes$1.5 million
  • Occupation and business licenses$39 thousand
  • Other selective sales taxes$25 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$9.8 million
What's in fees for servicesWater; sewer and 3 more
  • Water$4.9 million
  • Sewer$4.0 million
  • Other service charges$583 thousand
  • Garbage collection$188 thousand
  • Parks and recreation$62 thousand

Amounts are by Census type of charge.

Federal tax money3.0%

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

From the federal government
3.0%$925 thousand

State tax money0.2%

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

From the state
0.2%$56 thousand

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments
1.6%$504 thousand

Fines and other9.0%

Interest, rents and other
7.0%$2.2 million
Fines
2.0%$623 thousand

Where it goes

Water, sewer, trash and utilities34%Police, fire, courts and jails34%Running the government and other costs18%Parks, recreation and libraries5.8%Interest on debt4.4%All other spending3.4%

What stands out

34%

of Watauga's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
34%$9.1 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$7.8 million
  • Sewer systems$1.2 million
Police, fire, courts and jails
34%$8.9 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$5.7 million
  • Fire protection$2.8 million
  • Courts and legal services$439 thousand
Running the government and other costs
18%$4.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$2.5 million
  • Other and not broken out$1.0 million
  • Government buildings$819 thousand
  • Finance, tax collection and budgeting$484 thousand
Parks, recreation and libraries
5.8%$1.5 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$812 thousand
  • Parks and recreation$705 thousand
Interest on debt
4.4%$1.2 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$603 thousand
  • Interest on water supply debt$559 thousand
Roads, transit and parking
3.4%$892 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$892 thousand
Housing and community development
<0.1%$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Watauga. 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 Watauga 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.