City government · Black Hawk County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Gilbertville took in $1.5 million and spent $1.1 million.

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

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Where it comes from

City taxes42%Fees for services (water, sewer)33%State tax money12%County and local tax money8.9%Federal tax money2.6%Fines and other1.6%

What stands out

9%

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

City taxes42%

Property tax
32%$481 thousand
Sales tax
9.0%$137 thousand
Other taxes
1.3%$19 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$10 thousand
  • Other licenses$9 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$505 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$222 thousand
  • Sewer$219 thousand
  • Garbage collection$62 thousand
  • Parks and recreation$1 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government
2.6%$39 thousand

State tax money12%

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

From the state
12%$178 thousand

County and local tax money8.9%

Money passed on by the county or other local governments.

From the county and other local governments
8.9%$136 thousand

Fines and other1.6%

Interest, rents and other
1.6%$24 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities36%Running the government and other costs17%Roads, transit and parking14%Police, fire, courts and jails13%Parks, recreation and libraries11%All other spending9.1%

What stands out

11%

of Gilbertville'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
36%$395 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$203 thousand
  • Water supply$144 thousand
  • Garbage and solid waste$48 thousand
Running the government and other costs
17%$183 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$105 thousand
  • Other and not broken out$45 thousand
  • Government buildings$26 thousand
  • Central staff services (personnel, purchasing, technology)$7 thousand
Roads, transit and parking
14%$156 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$156 thousand
Police, fire, courts and jails
13%$148 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$86 thousand
  • Fire protection$49 thousand
  • Courts and legal services$9 thousand
  • Inspections and regulation$4 thousand
Parks, recreation and libraries
11%$121 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$116 thousand
  • Libraries$5 thousand
Interest on debt
4.5%$50 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$34 thousand
  • Interest on water supply debt$16 thousand
Housing and community development
3.3%$36 thousand
Health and hospitals
0.7%$8 thousand
What's in health and hospitalsPublic health
  • Public health$8 thousand
Sent to other local governments
0.5%$6 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$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Gilbertville. 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 Gilbertville 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.