Town government · Wasatch County, UT
Independence's money: where it comes from and where it goes
In the latest recorded fiscal year, Independence took in $593 thousand and spent $383 thousand.
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Where it comes from
What stands out
of Independence's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes56%
What's in other taxesOther selective sales taxes and public utility taxes
- Other selective sales taxes$200 thousand
- Public utility taxes$4 thousand
Amounts are by Census tax category.
Fees for services27%
What's in fees for servicesOther service charges
- Other service charges$160 thousand
Amounts are by Census type of charge.
State tax money17%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Independence'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%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$383 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Independence. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Town of Independence 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.