City government · Chickasaw County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Bassett took in $27 thousand and spent $20 thousand.

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

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Where it comes from

City taxes52%State tax money30%County and local tax money15%Fines and other3.7%

What stands out

26%

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

City taxes52%

Property tax
26%$7 thousand
Sales tax
26%$7 thousand

State tax money30%

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

From the state
30%$8 thousand

County and local tax money15%

Money passed on by the county or other local governments.

From the county and other local governments
15%$4 thousand

Fines and other3.7%

Interest, rents and other
3.7%$1 thousand

Where it goes

Running the government and other costs50%Roads, transit and parking20%Police, fire, courts and jails10%Water, sewer, trash and utilities10%Health and hospitals5.0%Sent to other local governments5.0%

What stands out

50%

of Bassett's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
50%$10 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$3 thousand
  • Government buildings$3 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
  • Other and not broken out$2 thousand
Roads, transit and parking
20%$4 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4 thousand
Police, fire, courts and jails
10%$2 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$1 thousand
  • Police$1 thousand
Water, sewer, trash and utilities
10%$2 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$2 thousand
Health and hospitals
5.0%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Sent to other local governments
5.0%$1 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$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Bassett. 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 Bassett 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.