City government · Grundy County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Beaman took in $315 thousand and spent $336 thousand.

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

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Where it comes from

City taxes37%Fees for services (water, sewer)30%County and local tax money12%Fines and other8.9%State tax money7.3%Federal tax money5.1%

What stands out

12%

of Beaman's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes37%

Property tax
29%$91 thousand
Sales tax
7.3%$23 thousand
Other taxes
0.6%$2 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$1 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$94 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$61 thousand
  • Sewer$23 thousand
  • Other service charges$6 thousand
  • Garbage collection$4 thousand

Amounts are by Census type of charge.

Federal tax money5.1%

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

From the federal government
5.1%$16 thousand

State tax money7.3%

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

From the state
7.3%$23 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$38 thousand

Fines and other8.9%

Interest, rents and other
8.9%$28 thousand

Where it goes

Water, sewer, trash and utilities31%Running the government and other costs23%Roads, transit and parking18%Parks, recreation and libraries15%Police, fire, courts and jails11%All other spending2.7%

What stands out

15%

of Beaman'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
31%$104 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$55 thousand
  • Water supply$44 thousand
  • Garbage and solid waste$5 thousand
Running the government and other costs
23%$76 thousand
What's in running the government and other costsGovernment buildings; other and not broken out and 3 more
  • Government buildings$28 thousand
  • Other and not broken out$23 thousand
  • Finance, tax collection and budgeting$19 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
  • Other government-run businesses$1 thousand
Roads, transit and parking
18%$59 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$59 thousand
Parks, recreation and libraries
15%$52 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$39 thousand
  • Parks and recreation$13 thousand
Police, fire, courts and jails
11%$36 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$32 thousand
  • Police$3 thousand
  • Courts and legal services$1 thousand
Interest on debt
1.8%$6 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$4 thousand
  • Interest on water supply debt$2 thousand
Health and hospitals
0.6%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Social services
0.3%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Beaman. 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 Beaman 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.