City government · Polk County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Grimes took in $49.8 million and spent $84.3 million.

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

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Where it comes from

City taxes47%Fees for services (water, sewer)26%Fines and other22%State tax money5.2%County and local tax money0.2%

What stands out

22%

of Grimes' money comes from interest, rents and other revenue.A typical U.S. city of 10,000 to 50,000 people gets 4.9%.

City taxes47%

Property tax
39%$19.5 million
Sales tax
5.9%$2.9 million
Other taxes
1.7%$828 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$540 thousand
  • Public utility taxes$210 thousand
  • Other selective sales taxes$78 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$13.1 million
What's in fees for servicesWater; sewer and 3 more
  • Water$6.6 million
  • Sewer$5.0 million
  • Garbage collection$790 thousand
  • Other service charges$413 thousand
  • Parks and recreation$243 thousand

Amounts are by Census type of charge.

State tax money5.2%

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

From the state
5.2%$2.6 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$111 thousand

Fines and other22%

Interest, rents and other
22%$10.7 million
Fines
<0.1%$15 thousand

Where it goes

Roads, transit and parking61%Water, sewer, trash and utilities9.5%Running the government and other costs6.6%Sent to other local governments6.0%Police, fire, courts and jails5.9%All other spending11%

What stands out

61%

of Grimes' spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Roads, transit and parking
61%$51.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$51.4 million
Water, sewer, trash and utilities
9.5%$8.0 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$3.9 million
  • Water supply$3.2 million
  • Garbage and solid waste$895 thousand
Running the government and other costs
6.6%$5.6 million
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$3.8 million
  • Finance, tax collection and budgeting$884 thousand
  • Government buildings$517 thousand
  • Central staff services (personnel, purchasing, technology)$278 thousand
  • Other government-run businesses$97 thousand
Sent to other local governments
6.0%$5.0 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$5.0 million
  • Sent to the state government$1 thousand
Police, fire, courts and jails
5.9%$5.0 million
What's in police, fire, courts and jailsInspections and regulation; police and 2 more
  • Inspections and regulation$2.2 million
  • Police$1.4 million
  • Fire protection$1.1 million
  • Courts and legal services$229 thousand
Interest on debt
4.4%$3.7 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$3.2 million
  • Interest on water supply debt$523 thousand
Parks, recreation and libraries
3.5%$2.9 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.7 million
  • Libraries$1.2 million
Health and hospitals
3.1%$2.6 million
What's in health and hospitalsPublic health
  • Public health$2.6 million
Sources and moreWhere these numbers come from and what they cover

City of Grimes. 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 Grimes 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.