City government · Mahaska County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Beacon took in $203 thousand and spent $142 thousand.

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

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Where it comes from

City taxes59%State tax money21%Federal tax money18%Fines and other2.5%

What stands out

26%

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

City taxes59%

Property tax
28%$56 thousand
Sales tax
26%$52 thousand
Other taxes
5.9%$12 thousand
What's in other taxesPublic utility taxes and other selective sales taxes
  • Public utility taxes$9 thousand
  • Other selective sales taxes$3 thousand

Amounts are by Census tax category.

Federal tax money18%

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

From the federal government
18%$36 thousand

State tax money21%

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

From the state
21%$42 thousand

Fines and other2.5%

Interest, rents and other
2.5%$5 thousand

Where it goes

Running the government and other costs44%Sent to other local governments32%Police, fire, courts and jails13%Roads, transit and parking5.6%Health and hospitals2.1%Parks, recreation and libraries2.1%

What stands out

32%

of Beacon's spending goes to local governments.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
44%$63 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$47 thousand
  • Finance, tax collection and budgeting$7 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
  • Government buildings$4 thousand
Sent to other local governments
32%$46 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$46 thousand
Police, fire, courts and jails
13%$19 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$16 thousand
  • Police$3 thousand
Roads, transit and parking
5.6%$8 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$8 thousand
Health and hospitals
2.1%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Parks, recreation and libraries
2.1%$3 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Beacon. 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 Beacon 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.