City government · Calhoun County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Farnhamville took in $1.0 million and spent $850 thousand.

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

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Where it comes from

Fees for services (electric power, water)69%City taxes19%State tax money5.5%Federal tax money2.5%County and local tax money2.3%Fines and other1.6%

What stands out

69%

of Farnhamville's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes19%

Property tax
15%$157 thousand
Sales tax
4.2%$43 thousand

Fees for services69%

Fees for services
69%$710 thousand
What's in fees for servicesElectric power; water and 2 more
  • Electric power$510 thousand
  • Water$106 thousand
  • Sewer$49 thousand
  • Garbage collection$45 thousand

Amounts are by Census type of charge.

Federal tax money2.5%

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

From the federal government
2.5%$26 thousand

State tax money5.5%

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

From the state
5.5%$57 thousand

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments
2.3%$24 thousand

Fines and other1.6%

Interest, rents and other
1.6%$17 thousand

Where it goes

Water, sewer, trash and utilities77%Interest on debt6.6%Running the government and other costs4.7%Roads, transit and parking4.7%Parks, recreation and libraries4.7%All other spending2.5%

What stands out

77%

of Farnhamville'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
77%$653 thousand
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$442 thousand
  • Sewer systems$108 thousand
  • Water supply$57 thousand
  • Garbage and solid waste$46 thousand
Interest on debt
6.6%$56 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$50 thousand
  • Interest on general debt$6 thousand
Running the government and other costs
4.7%$40 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$16 thousand
  • Finance, tax collection and budgeting$13 thousand
  • Other and not broken out$7 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
Roads, transit and parking
4.7%$40 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$40 thousand
Parks, recreation and libraries
4.7%$40 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$24 thousand
  • Parks and recreation$16 thousand
Police, fire, courts and jails
1.3%$11 thousand
What's in police, fire, courts and jailsCourts and legal services; fire protection and 1 more
  • Courts and legal services$5 thousand
  • Fire protection$4 thousand
  • Police$2 thousand
Health and hospitals
1.2%$10 thousand
What's in health and hospitalsPublic health
  • Public health$10 thousand
Sources and moreWhere these numbers come from and what they cover

City of Farnhamville. 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 Farnhamville 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.