City government · Montgomery County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Coburg took in $19 thousand and spent $16 thousand.

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

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Where it comes from

City taxes63%State tax money37%

What stands out

26%

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

City taxes63%

Property tax
37%$7 thousand
Sales tax
26%$5 thousand

State tax money37%

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

From the state
37%$7 thousand

Where it goes

Running the government and other costs56%Roads, transit and parking38%Parks, recreation and libraries6.3%

What stands out

38%

of Coburg's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Running the government and other costs
56%$9 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$4 thousand
  • Finance, tax collection and budgeting$3 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Roads, transit and parking
38%$6 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6 thousand
Parks, recreation and libraries
6.3%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Coburg. 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 Coburg 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.