Town Hall · Banks

Banks, AL town hall & government

Banks spent $460,000 in the year to September 30, 2022, about $2,738 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Banks's government.

Town budget

Where Banks's money goes

Spent
$460,000
fiscal year to September 30, 2022
Per resident
$2,738
typical Alabama cities: $1,419
Long-term debt
$1.1 million
$6,518 per resident
Water & other utilities
$391,00085%
Other
$69,00015%

Where the money comes from

  • Utility sales 64%
  • Sales taxes 31%
  • Property taxes 3%
  • Interest, fines & other 1%
  • Other taxes & licenses 1%
Town workforce

Who works for Banks

Full-time staff
0
10 part-time too
Administration & buildings
0 full-time7 part
Water & other utilities
0 full-time3 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Pike County School District

Banks's K–12 school district, shared with Brundidge and Goshen. It is its own government, with a budget separate from the town's.

Spending per pupil
$15,014
Alabama: $13,926
Students
2,170
in the whole district
Long-term debt
$11.6 million
at year end

Where the district's money comes from Alabama districts overall: 31% local, 53% state, 16% federal

  • Local 26%
  • State 54%
  • Federal 20%

Of the $15,014 per pupil, $7,347 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Banks pay

Typical tax bill
$296
a year · Alabama typical $788

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Banks's government

Town hall & decisions in Banks →

Beyond town hall

Who represents Banks

Banks is represented in Congress by Senators Tommy Tuberville and Katie Boyd Britt and Representative Shomari Figures. Kay Ivey is governor.

All of Banks's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01