City government · Cache County, UT

Hyde Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Hyde Park took in $9.9 million and spent $10.0 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

City taxes46%Fees for services (water, sewer)32%Fines and other17%State tax money5.0%

What stands out

27%

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

City taxes46%

Sales tax
27%$2.7 million
Property tax
13%$1.3 million
Other taxes
6.3%$626 thousand
What's in other taxesOther licenses; public utility taxes and 2 more
  • Other licenses$554 thousand
  • Public utility taxes$34 thousand
  • Other taxes not classified elsewhere$34 thousand
  • Occupation and business licenses$4 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$3.2 million
What's in fees for servicesWater; sewer and 5 more
  • Water$996 thousand
  • Sewer$991 thousand
  • Garbage collection$509 thousand
  • Other service charges$457 thousand
  • Road charges$120 thousand
  • Parks and recreation$75 thousand
  • Gas$52 thousand

Amounts are by Census type of charge.

State tax money5.0%

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

From the state
5.0%$502 thousand

Fines and other17%

Interest, rents and other
15%$1.5 million
Fines
1.9%$192 thousand

Where it goes

Running the government and other costs62%Water, sewer, trash and utilities22%Roads, transit and parking9.1%Police, fire, courts and jails4.5%Parks, recreation and libraries1.7%All other spending0.5%

What stands out

62%

of Hyde Park'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
62%$6.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$5.7 million
  • Central staff services (personnel, purchasing, technology)$484 thousand
  • Government buildings$28 thousand
Water, sewer, trash and utilities
22%$2.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$961 thousand
  • Sewer systems$686 thousand
  • Garbage and solid waste$586 thousand
Roads, transit and parking
9.1%$911 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$911 thousand
Police, fire, courts and jails
4.5%$449 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$316 thousand
  • Fire protection$115 thousand
  • Courts and legal services$18 thousand
Parks, recreation and libraries
1.7%$173 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$173 thousand
Interest on debt
0.3%$27 thousand
Environment and natural resources
0.2%$25 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$25 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hyde Park. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Hyde Park 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.