City government · Howard County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Elma took in $902 thousand and spent $1.0 million.

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

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Where it comes from

City taxes37%Fees for services (sewer, water)26%State tax money23%Fines and other6.4%Federal tax money5.9%County and local tax money2.5%

What stands out

9.4%

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

City taxes37%

Property tax
26%$237 thousand
Sales tax
9.4%$85 thousand
Other taxes
0.9%$8 thousand
What's in other taxesOther licenses
  • Other licenses$8 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$231 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$125 thousand
  • Water$71 thousand
  • Garbage collection$35 thousand

Amounts are by Census type of charge.

Federal tax money5.9%

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

From the federal government
5.9%$53 thousand

State tax money23%

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

From the state
23%$207 thousand

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$23 thousand

Fines and other6.4%

Interest, rents and other
6.4%$58 thousand

Where it goes

Water, sewer, trash and utilities28%Running the government and other costs27%Roads, transit and parking24%Parks, recreation and libraries9.0%Interest on debt4.3%All other spending6.9%

What stands out

24%

of Elma'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%

Water, sewer, trash and utilities
28%$284 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$125 thousand
  • Sewer systems$122 thousand
  • Garbage and solid waste$37 thousand
Running the government and other costs
27%$276 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$209 thousand
  • Finance, tax collection and budgeting$36 thousand
  • Government buildings$21 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
  • Other government-run businesses$1 thousand
Roads, transit and parking
24%$247 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$247 thousand
Parks, recreation and libraries
9.0%$91 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$52 thousand
  • Parks and recreation$39 thousand
Interest on debt
4.3%$44 thousand
Police, fire, courts and jails
3.7%$37 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$28 thousand
  • Police$6 thousand
  • Courts and legal services$3 thousand
Housing and community development
3.3%$33 thousand
Sources and moreWhere these numbers come from and what they cover

City of Elma. 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 Elma 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.