Town government · Seminole County, GA

Iron City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Iron City took in $332 thousand and spent $112 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

County and local tax money35%State tax money18%Federal tax money16%Fees for services (water, garbage collection)16%Town taxes13%Fines and other2.7%

What stands out

35%

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

Town taxes13%

Other taxes
13%$42 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$26 thousand
  • Public utility taxes$11 thousand
  • Alcoholic beverage taxes$3 thousand
  • Occupation and business licenses$2 thousand

Amounts are by Census tax category.

Fees for services16%

Fees for services
16%$52 thousand
What's in fees for servicesWater; garbage collection and 2 more
  • Water$20 thousand
  • Garbage collection$16 thousand
  • Sewer$14 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$54 thousand

State tax money18%

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

From the state
18%$60 thousand

County and local tax money35%

Money passed on by the county or other local governments.

From the county and other local governments
35%$115 thousand

Fines and other2.7%

Interest, rents and other
2.7%$9 thousand

Where it goes

Running the government and other costs41%Roads, transit and parking38%Water, sewer, trash and utilities13%Parks, recreation and libraries7.1%Police, fire, courts and jails0.9%

What stands out

38%

of Iron City's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Running the government and other costs
41%$46 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$46 thousand
Roads, transit and parking
38%$42 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$42 thousand
Water, sewer, trash and utilities
13%$15 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$15 thousand
Parks, recreation and libraries
7.1%$8 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$8 thousand
Police, fire, courts and jails
0.9%$1 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Iron City. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Iron City 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.