City government · Poweshiek County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Grinnell took in $22.3 million and spent $29.5 million.

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

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Where it comes from

City taxes47%Fees for services (sewer, water)31%Fines and other9.0%State tax money8.3%Federal tax money3.5%County and local tax money0.8%

What stands out

7.5%

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

City taxes47%

Property tax
34%$7.5 million
Sales tax
7.5%$1.7 million
Other taxes
5.8%$1.3 million
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$867 thousand
  • Other selective sales taxes$388 thousand
  • Other licenses$28 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$7.0 million
What's in fees for servicesSewer; water and 4 more
  • Sewer$2.5 million
  • Water$2.2 million
  • Garbage collection$1.5 million
  • Other service charges$455 thousand
  • Parks and recreation$292 thousand
  • Other government-run businesses$41 thousand

Amounts are by Census type of charge.

Federal tax money3.5%

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

From the federal government
3.5%$789 thousand

State tax money8.3%

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

From the state
8.3%$1.9 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$173 thousand

Fines and other9.0%

Interest, rents and other
9.0%$2.0 million
Fines
<0.1%$21 thousand

Where it goes

Running the government and other costs51%Water, sewer, trash and utilities17%Roads, transit and parking14%Police, fire, courts and jails7.8%Parks, recreation and libraries5.2%All other spending5.2%

What stands out

51%

of Grinnell'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
51%$15.2 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$13.1 million
  • Finance, tax collection and budgeting$1.5 million
  • Central staff services (personnel, purchasing, technology)$360 thousand
  • Other government-run businesses$90 thousand
  • Government buildings$87 thousand
Water, sewer, trash and utilities
17%$4.9 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$2.2 million
  • Sewer systems$1.4 million
  • Garbage and solid waste$1.3 million
Roads, transit and parking
14%$4.1 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$3.6 million
  • Airports$446 thousand
Police, fire, courts and jails
7.8%$2.3 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.6 million
  • Fire protection$687 thousand
  • Courts and legal services$33 thousand
Parks, recreation and libraries
5.2%$1.5 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$802 thousand
  • Libraries$727 thousand
Health and hospitals
2.7%$785 thousand
What's in health and hospitalsPublic health
  • Public health$785 thousand
Interest on debt
1.9%$563 thousand
Housing and community development
0.6%$180 thousand
Sources and moreWhere these numbers come from and what they cover

City of Grinnell. 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 Grinnell 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.