City government · Dubuque County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Bankston took in $16 thousand and spent $10 thousand.

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

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Where it comes from

Fees for services (sewer, water)50%City taxes19%Federal tax money13%State tax money13%Fines and other6.3%

What stands out

19%

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

City taxes19%

Sales tax
19%$3 thousand

Fees for services50%

Fees for services
50%$8 thousand
What's in fees for servicesSewer and water
  • Sewer$5 thousand
  • Water$3 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$2 thousand

State tax money13%

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

From the state
13%$2 thousand

Fines and other6.3%

Interest, rents and other
6.3%$1 thousand

Where it goes

Running the government and other costs40%Health and hospitals30%Roads, transit and parking30%

What stands out

30%

of Bankston's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
40%$4 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$2 thousand
  • Finance, tax collection and budgeting$1 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
Health and hospitals
30%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Roads, transit and parking
30%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Bankston. 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 Bankston 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.