City government · Marion County, WV

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

In the latest recorded fiscal year (ended June 30, 2024), Fairmont took in $35.3 million and spent $24.6 million.

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

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Where it comes from

Fees for services (water, sewer)53%City taxes41%Fines and other3.9%State tax money2.1%Federal tax money0.2%

What stands out

8.7%

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

City taxes41%

Other taxes
23%$8.1 million
What's in other taxesOccupation and business licenses; public utility taxes and 5 more
  • Occupation and business licenses$5.8 million
  • Public utility taxes$1.2 million
  • Other licenses$643 thousand
  • Other taxes not classified elsewhere$183 thousand
  • Alcoholic beverage taxes$172 thousand
  • Other selective sales taxes$27 thousand
  • Alcoholic beverage licenses$16 thousand

Amounts are by Census tax category.

Property tax
9.6%$3.4 million
Sales tax
8.7%$3.1 million

Fees for services53%

Fees for services
53%$18.6 million
What's in fees for servicesWater; sewer and 3 more
  • Water$9.5 million
  • Sewer$4.6 million
  • Other service charges$2.6 million
  • Garbage collection$1.7 million
  • Parking$139 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$74 thousand

State tax money2.1%

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

From the state
2.1%$734 thousand

Fines and other3.9%

Interest, rents and other
3.5%$1.2 million
Fines
0.4%$127 thousand

Where it goes

Water, sewer, trash and utilities44%Police, fire, courts and jails31%Running the government and other costs13%Roads, transit and parking8.7%Interest on debt1.7%All other spending1.7%

What stands out

44%

of Fairmont'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
44%$10.8 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$5.0 million
  • Sewer systems$3.9 million
  • Garbage and solid waste$1.9 million
Police, fire, courts and jails
31%$7.5 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$3.7 million
  • Police$3.0 million
  • Inspections and regulation$600 thousand
  • Courts and legal services$227 thousand
Running the government and other costs
13%$3.3 million
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)$2.6 million
  • Finance, tax collection and budgeting$753 thousand
Roads, transit and parking
8.7%$2.1 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.9 million
  • Parking$199 thousand
Interest on debt
1.7%$410 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$230 thousand
  • Interest on general debt$180 thousand
Parks, recreation and libraries
1.2%$288 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$283 thousand
  • Libraries$5 thousand
Social services
0.3%$64 thousand
What's in social servicesOther public welfare
  • Other public welfare$64 thousand
Health and hospitals
0.3%$62 thousand
What's in health and hospitalsPublic health
  • Public health$62 thousand
Sources and moreWhere these numbers come from and what they cover

City of Fairmont. 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 Fairmont 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.