City government · Linn County, IA

Cedar Rapids's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Cedar Rapids took in $565 million and spent $630 million.

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

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Where it comes from

City taxes34%Fees for services (sewer, water)33%Fines and other15%Federal tax money10%State tax money7.3%County and local tax money0.6%

What stands out

10%

of Cedar Rapids' money comes from federal tax money.A typical U.S. city of 50,000+ people gets 3.6%.

City taxes34%

Property tax
24%$138 million
Sales tax
4.9%$27.9 million
Other taxes
4.3%$24.2 million
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$15.0 million
  • Other selective sales taxes$5.9 million
  • Other licenses$3.3 million

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$184 million
What's in fees for servicesSewer; water and 7 more
  • Sewer$68.8 million
  • Water$48.0 million
  • Parks and recreation$38.5 million
  • Garbage collection$20.3 million
  • Airport$5.8 million
  • Other service charges$1.7 million
  • Housing$605 thousand
  • Transit fares$392 thousand
  • Road charges$80 thousand

Amounts are by Census type of charge.

Federal tax money10%

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

From the federal government
10%$59.0 million

State tax money7.3%

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

From the state
7.3%$41.4 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$3.2 million

Fines and other15%

Interest, rents and other
13%$74.4 million
Fines
2.3%$12.9 million

Where it goes

Running the government and other costs38%Water, sewer, trash and utilities22%Roads, transit and parking18%Police, fire, courts and jails14%Parks, recreation and libraries3.9%All other spending4.6%

What stands out

38%

of Cedar Rapids' spending goes to running the government and other costs.A typical U.S. city of 50,000+ people spends 16%.

Spending by category100%

Running the government and other costs
38%$236 million
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$224 million
  • Finance, tax collection and budgeting$6.6 million
  • Central staff services (personnel, purchasing, technology)$4.8 million
  • Government buildings$1.5 million
Water, sewer, trash and utilities
22%$141 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$68.4 million
  • Water supply$48.6 million
  • Garbage and solid waste$24.3 million
Roads, transit and parking
18%$112 million
What's in roads, transit and parkingAirports; roads and highways and 2 more
  • Airports$68.9 million
  • Roads and highways$27.4 million
  • Public transit$12.6 million
  • Parking$3.2 million
Police, fire, courts and jails
14%$87.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$55.2 million
  • Fire protection$26.2 million
  • Inspections and regulation$4.5 million
  • Courts and legal services$1.1 million
Parks, recreation and libraries
3.9%$24.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$16.3 million
  • Libraries$8.1 million
Interest on debt
2.9%$18.1 million
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
  • Interest on general debt$14.6 million
  • Interest on water supply debt$3.5 million
  • Interest on public transit debt$9 thousand
Housing and community development
1.4%$9.0 million
Health and hospitals
0.3%$1.6 million
What's in health and hospitalsPublic health
  • Public health$1.6 million
Sources and moreWhere these numbers come from and what they cover

City of Cedar Rapids. 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 Cedar Rapids 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.