City government · Woodbury County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Correctionville took in $1.6 million and spent $1.3 million.

Latest recorded year: ended June 30, 2022Comes from Goes to

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Where it comes from

State tax money32%City taxes31%Fees for services (sewer, water)28%Federal tax money3.7%Fines and other3.4%County and local tax money1.2%

What stands out

32%

of Correctionville's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes31%

Property tax

22%$346 thousand

Sales tax

8.8%$141 thousand

Other taxes

0.4%$7 thousand

What's in other taxesOther licenses

Other licenses$7 thousand

Amounts are by Census tax category.

Fees for services28%

Fees for services

28%$453 thousand

What's in fees for servicesSewer; water and 5 more

Sewer$165 thousand
Water$109 thousand
Garbage collection$92 thousand
Other service charges$70 thousand
Parks and recreation$10 thousand
Other government-run businesses$6 thousand
Road charges$1 thousand

Amounts are by Census type of charge.

Federal tax money3.7%

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

From the federal government

3.7%$60 thousand

State tax money32%

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

From the state

32%$520 thousand

County and local tax money1.2%

Money passed on by the county or other local governments.

From the county and other local governments

1.2%$20 thousand

Fines and other3.4%

Interest, rents and other

3.4%$54 thousand

Fines

<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities53%Running the government and other costs14%Parks, recreation and libraries11%Roads, transit and parking9.3%Police, fire, courts and jails8.5%All other spending4.2%

What stands out

11%

of Correctionville'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

53%$676 thousand

What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more

Sewer systems$480 thousand
Water supply$121 thousand
Garbage and solid waste$75 thousand

Running the government and other costs

14%$180 thousand

What's in running the government and other costsFinance, tax collection and budgeting; other government-run businesses and 2 more

Finance, tax collection and budgeting$76 thousand
Other government-run businesses$48 thousand
Other and not broken out$40 thousand
Central staff services (personnel, purchasing, technology)$16 thousand

Parks, recreation and libraries

11%$144 thousand

What's in parks, recreation and librariesParks and recreation and libraries

Parks and recreation$113 thousand
Libraries$31 thousand

Roads, transit and parking

9.3%$119 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$119 thousand

Police, fire, courts and jails

8.5%$109 thousand

What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more

Fire protection$93 thousand
Courts and legal services$14 thousand
Police$2 thousand

Health and hospitals

2.6%$33 thousand

What's in health and hospitalsPublic health

Public health$33 thousand

Interest on debt

1.3%$17 thousand

Housing and community development

0.3%$4 thousand

Sources and moreWhere these numbers come from and what they cover

City of Correctionville. 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 Correctionville 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.