City government · Polk County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Ankeny took in $141 million and spent $145 million.

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

See every government that serves your ZIP

Where it comes from

City taxes45%Fees for services (sewer, water)34%State tax money10%Fines and other9.3%Federal tax money0.7%County and local tax money0.5%

What stands out

41%

of Ankeny's money comes from property tax.A typical U.S. city of 50,000+ people gets 20%.

City taxes45%

Property tax
41%$57.4 million
Other taxes
4.4%$6.2 million
What's in other taxesOther selective sales taxes; other licenses and 1 more
  • Other selective sales taxes$2.1 million
  • Other licenses$2.1 million
  • Public utility taxes$2.0 million

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$47.5 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$20.6 million
  • Water$19.8 million
  • Parks and recreation$3.9 million
  • Other service charges$2.9 million
  • Housing$325 thousand

Amounts are by Census type of charge.

Federal tax money0.7%

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

From the federal government
0.7%$1.1 million

State tax money10%

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

From the state
10%$14.7 million

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%$712 thousand

Fines and other9.3%

Interest, rents and other
9.2%$13.0 million
Fines
<0.1%$61 thousand

Where it goes

Water, sewer, trash and utilities28%Roads, transit and parking27%Police, fire, courts and jails15%Running the government and other costs9.9%Parks, recreation and libraries7.1%All other spending13%

What stands out

27%

of Ankeny's spending goes to roads, transit and parking.A typical U.S. city of 50,000+ people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
28%$40.1 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$23.8 million
  • Sewer systems$16.3 million
Roads, transit and parking
27%$38.9 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$38.2 million
  • Airports$703 thousand
Police, fire, courts and jails
15%$22.4 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$15.5 million
  • Fire protection$4.7 million
  • Inspections and regulation$2.1 million
Running the government and other costs
9.9%$14.4 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$10.3 million
  • Central staff services (personnel, purchasing, technology)$2.8 million
  • Finance, tax collection and budgeting$1.1 million
  • Government buildings$69 thousand
  • Other government-run businesses$1 thousand
Parks, recreation and libraries
7.1%$10.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$7.6 million
  • Libraries$2.7 million
Sent to other local governments
5.8%$8.5 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$7.6 million
  • Sent to the state government$899 thousand
Health and hospitals
3.7%$5.4 million
What's in health and hospitalsPublic health
  • Public health$5.4 million
Interest on debt
3.5%$5.1 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$4.5 million
  • Interest on water supply debt$595 thousand
Housing and community development
<0.1%$19 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ankeny. 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 Ankeny 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.