City government · Van Buren County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Farmington took in $948 thousand and spent $1.1 million.

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

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Where it comes from

Fees for services (water, sewer)33%Fines and other27%City taxes23%State tax money15%County and local tax money1.1%

What stands out

27%

of Farmington's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes23%

Property tax
14%$130 thousand
Sales tax
7.1%$67 thousand
Other taxes
2.0%$19 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$15 thousand
  • Public utility taxes$4 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$317 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$157 thousand
  • Sewer$67 thousand
  • Garbage collection$64 thousand
  • Other service charges$23 thousand
  • Parks and recreation$6 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$146 thousand

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments
1.1%$10 thousand

Fines and other27%

Interest, rents and other
27%$258 thousand
Fines
0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities42%Parks, recreation and libraries22%Running the government and other costs13%Roads, transit and parking9.3%Police, fire, courts and jails5.5%All other spending7.9%

What stands out

22%

of Farmington'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
42%$474 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$349 thousand
  • Sewer systems$68 thousand
  • Garbage and solid waste$57 thousand
Parks, recreation and libraries
22%$250 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$228 thousand
  • Libraries$22 thousand
Running the government and other costs
13%$148 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$110 thousand
  • Government buildings$24 thousand
  • Other and not broken out$12 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Roads, transit and parking
9.3%$105 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$105 thousand
Police, fire, courts and jails
5.5%$62 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$33 thousand
  • Fire protection$24 thousand
  • Courts and legal services$5 thousand
Interest on debt
3.2%$36 thousand
Sent to other local governments
3.2%$36 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$36 thousand
Health and hospitals
1.5%$17 thousand
What's in health and hospitalsPublic health
  • Public health$17 thousand
Sources and moreWhere these numbers come from and what they cover

City of Farmington. 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 Farmington 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.