City government · Mills County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Glenwood took in $13.8 million and spent $14.2 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Federal tax money56%City taxes29%State tax money6.7%Fees for services (parks and recreation)4.8%County and local tax money2.5%Fines and other1.1%

What stands out

56%

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

City taxes29%

Property tax
22%$3.0 million
Sales tax
4.9%$683 thousand
Other taxes
2.5%$348 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$298 thousand
  • Other licenses$45 thousand
  • Other selective sales taxes$5 thousand

Amounts are by Census tax category.

Fees for services4.8%

Fees for services
4.8%$662 thousand
What's in fees for servicesOther service charges; parks and recreation and 1 more
  • Other service charges$496 thousand
  • Parks and recreation$139 thousand
  • Other government-run businesses$27 thousand

Amounts are by Census type of charge.

Federal tax money56%

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

From the federal government
56%$7.7 million

State tax money6.7%

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

From the state
6.7%$921 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%$349 thousand

Fines and other1.1%

Interest, rents and other
1.0%$143 thousand
Fines
<0.1%$8 thousand

Where it goes

Running the government and other costs62%Police, fire, courts and jails17%Parks, recreation and libraries9.5%Roads, transit and parking8.7%Interest on debt1.3%All other spending1.3%

What stands out

62%

of Glenwood's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
62%$8.8 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$8.3 million
  • Government buildings$331 thousand
  • Other government-run businesses$175 thousand
  • Central staff services (personnel, purchasing, technology)$22 thousand
Police, fire, courts and jails
17%$2.4 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.4 million
  • Fire protection$943 thousand
  • Courts and legal services$40 thousand
Parks, recreation and libraries
9.5%$1.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$913 thousand
  • Libraries$433 thousand
Roads, transit and parking
8.7%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Interest on debt
1.3%$179 thousand
Housing and community development
1.1%$151 thousand
Water, sewer, trash and utilities
0.2%$30 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$30 thousand
Sources and moreWhere these numbers come from and what they cover

City of Glenwood. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Glenwood 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.