City government · Marshall County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Haverhill took in $118 thousand and spent $131 thousand.

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

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Where it comes from

City taxes58%State tax money21%Federal tax money10%County and local tax money9.3%Fines and other1.7%

What stands out

17%

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

City taxes58%

Property tax
41%$48 thousand
Sales tax
17%$20 thousand

Federal tax money10%

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

From the federal government
10%$12 thousand

State tax money21%

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

From the state
21%$25 thousand

County and local tax money9.3%

Money passed on by the county or other local governments.

From the county and other local governments
9.3%$11 thousand

Fines and other1.7%

Interest, rents and other
1.7%$2 thousand

Where it goes

Running the government and other costs40%Roads, transit and parking34%Police, fire, courts and jails18%Parks, recreation and libraries7.6%Social services0.8%

What stands out

34%

of Haverhill's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Running the government and other costs
40%$53 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$40 thousand
  • Finance, tax collection and budgeting$10 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Roads, transit and parking
34%$44 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$44 thousand
Police, fire, courts and jails
18%$23 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$18 thousand
  • Police$4 thousand
  • Inspections and regulation$1 thousand
Parks, recreation and libraries
7.6%$10 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$10 thousand
Social services
0.8%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Haverhill. 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 Haverhill 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.