City government · Monroe County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Albia took in $6.2 million and spent $5.4 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)42%City taxes40%State tax money8.4%Federal tax money5.6%Fines and other3.5%County and local tax money0.5%

What stands out

8.6%

of Albia's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes40%

Property tax
30%$1.9 million
Sales tax
8.6%$531 thousand
Other taxes
1.3%$79 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$42 thousand
  • Other licenses$37 thousand

Amounts are by Census tax category.

Fees for services42%

Fees for services
42%$2.6 million
What's in fees for servicesWater; sewer and 4 more
  • Water$1.7 million
  • Sewer$723 thousand
  • Other service charges$86 thousand
  • Parks and recreation$54 thousand
  • Garbage collection$17 thousand
  • Other government-run businesses$15 thousand

Amounts are by Census type of charge.

Federal tax money5.6%

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

From the federal government
5.6%$344 thousand

State tax money8.4%

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

From the state
8.4%$517 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$31 thousand

Fines and other3.5%

Interest, rents and other
3.5%$217 thousand
Fines
<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities41%Police, fire, courts and jails17%Roads, transit and parking15%Running the government and other costs11%Parks, recreation and libraries8.2%All other spending7.5%

What stands out

8.2%

of Albia'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%

Water, sewer, trash and utilities
41%$2.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$1.6 million
  • Sewer systems$581 thousand
  • Garbage and solid waste$31 thousand
Police, fire, courts and jails
17%$931 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$837 thousand
  • Fire protection$74 thousand
  • Courts and legal services$20 thousand
Roads, transit and parking
15%$791 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$775 thousand
  • Airports$16 thousand
Running the government and other costs
11%$590 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 3 more
  • Finance, tax collection and budgeting$257 thousand
  • Other and not broken out$194 thousand
  • Other government-run businesses$101 thousand
  • Central staff services (personnel, purchasing, technology)$22 thousand
  • Government buildings$16 thousand
Parks, recreation and libraries
8.2%$441 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$268 thousand
  • Libraries$173 thousand
Sent to other local governments
3.9%$209 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$209 thousand
Interest on debt
3.6%$194 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$175 thousand
  • Interest on water supply debt$19 thousand
Sources and moreWhere these numbers come from and what they cover

City of Albia. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Albia 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.