City government · Fayette County, WV

Mount Hope's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Mount Hope took in $3.3 million and spent $3.2 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes from Goes to

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)35%State tax money29%Fines and other20%City taxes16%Federal tax money0.1%

What stands out

16%

of Mount Hope's money comes from fines.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes16%

Other taxes

8.7%$289 thousand

What's in other taxesOccupation and business licenses; public utility taxes and 2 more

Occupation and business licenses$210 thousand
Public utility taxes$53 thousand
Other licenses$25 thousand
Alcoholic beverage taxes$1 thousand

Amounts are by Census tax category.

Property tax

7.6%$252 thousand

Fees for services35%

Fees for services

35%$1.1 million

What's in fees for servicesWater; sewer and 1 more

Water$640 thousand
Sewer$498 thousand
Other service charges$9 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government

0.1%$4 thousand

State tax money29%

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

From the state

29%$952 thousand

Fines and other20%

Fines

16%$523 thousand

Interest, rents and other

4.7%$155 thousand

Where it goes

Water, sewer, trash and utilities71%Police, fire, courts and jails17%Roads, transit and parking5.4%Running the government and other costs5.3%Parks, recreation and libraries1.1%Interest on debt1.0%

What stands out

71%

of Mount Hope'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

71%$2.2 million

What's in water, sewer, trash and utilitiesWater supply and sewer systems

Water supply$1.4 million
Sewer systems$865 thousand

Police, fire, courts and jails

17%$524 thousand

What's in police, fire, courts and jailsPolice

Police$524 thousand

Roads, transit and parking

5.4%$172 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$172 thousand

Running the government and other costs

5.3%$169 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology)

Central staff services (personnel, purchasing, technology)$169 thousand

Parks, recreation and libraries

1.1%$35 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$35 thousand

Interest on debt

1.0%$31 thousand

What's in interest on debtInterest on water supply debt and interest on general debt

Interest on water supply debt$22 thousand
Interest on general debt$9 thousand

Sources and moreWhere these numbers come from and what they cover

City of Mount Hope. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Mount Hope 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.