City government · Warren County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Ackworth took in $55 thousand and spent $51 thousand.

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

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Where it comes from

City taxes65%State tax money29%Fines and other5.5%

What stands out

65%

of Ackworth's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes65%

Property tax
65%$36 thousand

State tax money29%

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

From the state
29%$16 thousand

Fines and other5.5%

Interest, rents and other
5.5%$3 thousand

Where it goes

Running the government and other costs47%Parks, recreation and libraries31%Roads, transit and parking14%Police, fire, courts and jails7.8%

What stands out

31%

of Ackworth's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
47%$24 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$10 thousand
  • Government buildings$8 thousand
  • Other and not broken out$5 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
Parks, recreation and libraries
31%$16 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$16 thousand
Roads, transit and parking
14%$7 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7 thousand
Police, fire, courts and jails
7.8%$4 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ackworth. 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 Ackworth 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.