City government · Montgomery County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Elliott took in $450 thousand and spent $777 thousand.

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

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Where it comes from

Fees for services32%City taxes27%Federal tax money16%Fines and other14%State tax money9.3%County and local tax money1.3%

What stands out

16%

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

City taxes27%

Property tax
17%$77 thousand
Sales tax
10%$45 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$142 thousand
What's in fees for servicesOther service charges
  • Other service charges$142 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$72 thousand

State tax money9.3%

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

From the state
9.3%$42 thousand

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$6 thousand

Fines and other14%

Interest, rents and other
14%$65 thousand

Where it goes

Water, sewer, trash and utilities49%Running the government and other costs26%Roads, transit and parking16%Parks, recreation and libraries7.2%Police, fire, courts and jails0.8%All other spending1.2%

What stands out

49%

of Elliott's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
49%$378 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$330 thousand
  • Water supply$42 thousand
  • Garbage and solid waste$6 thousand
Running the government and other costs
26%$201 thousand
What's in running the government and other costsOther and not broken out; government buildings and 3 more
  • Other and not broken out$128 thousand
  • Government buildings$51 thousand
  • Other government-run businesses$12 thousand
  • Finance, tax collection and budgeting$7 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Roads, transit and parking
16%$127 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$127 thousand
Parks, recreation and libraries
7.2%$56 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$44 thousand
  • Libraries$12 thousand
Police, fire, courts and jails
0.8%$6 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$6 thousand
Interest on debt
0.8%$6 thousand
Health and hospitals
0.4%$3 thousand
What's in health and hospitalsPublic health
  • Public health$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Elliott. 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 Elliott 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.