Town government · Hot Springs County, WY

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

In the latest recorded fiscal year (ended June 30, 2024), Thermopolis took in $6.2 million and spent $5.4 million.

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

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Where it comes from

Fees for services (water, garbage collection)47%State tax money25%County and local tax money10%Town taxes8.7%Fines and other8.6%Federal tax money0.2%

What stands out

10%

of Thermopolis' money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes8.7%

Property tax
4.7%$292 thousand
Other taxes
4.0%$247 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$202 thousand
  • Other licenses$28 thousand
  • Occupation and business licenses$17 thousand

Amounts are by Census tax category.

Fees for services47%

Fees for services
47%$2.9 million
What's in fees for servicesWater; garbage collection and 2 more
  • Water$1.3 million
  • Garbage collection$788 thousand
  • Sewer$744 thousand
  • Other service charges$62 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%$10 thousand

State tax money25%

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

From the state
25%$1.6 million

County and local tax money10%

Money passed on by the county or other local governments.

From the county and other local governments
10%$647 thousand

Fines and other8.6%

Interest, rents and other
6.9%$427 thousand
Fines
1.7%$102 thousand

Where it goes

Water, sewer, trash and utilities54%Police, fire, courts and jails23%Roads, transit and parking11%Running the government and other costs6.8%Parks, recreation and libraries3.4%All other spending1.2%

What stands out

54%

of Thermopolis' 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
54%$2.9 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$1.4 million
  • Sewer systems$815 thousand
  • Garbage and solid waste$721 thousand
Police, fire, courts and jails
23%$1.3 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$1.1 million
  • Courts and legal services$70 thousand
  • Inspections and regulation$62 thousand
  • Fire protection$53 thousand
Roads, transit and parking
11%$619 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$619 thousand
Running the government and other costs
6.8%$369 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$161 thousand
  • Central staff services (personnel, purchasing, technology)$117 thousand
  • Government buildings$91 thousand
Parks, recreation and libraries
3.4%$185 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$185 thousand
Health and hospitals
1.1%$59 thousand
What's in health and hospitalsPublic health
  • Public health$59 thousand
Interest on debt
0.1%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Thermopolis. 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 Town of Thermopolis 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.