City government · Hardin County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Hubbard took in $1.6 million and spent $1.5 million.

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

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Where it comes from

Fees for services (water, sewer)35%City taxes25%Fines and other25%State tax money7.4%Federal tax money3.7%County and local tax money3.7%

What stands out

25%

of Hubbard's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes25%

Property tax
16%$263 thousand
Sales tax
7.4%$120 thousand
Other taxes
1.6%$26 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$17 thousand
  • Other licenses$9 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$566 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$251 thousand
  • Sewer$234 thousand
  • Other service charges$53 thousand
  • Garbage collection$28 thousand

Amounts are by Census type of charge.

Federal tax money3.7%

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

From the federal government
3.7%$60 thousand

State tax money7.4%

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

From the state
7.4%$120 thousand

County and local tax money3.7%

Money passed on by the county or other local governments.

From the county and other local governments
3.7%$59 thousand

Fines and other25%

Interest, rents and other
25%$399 thousand

Where it goes

Water, sewer, trash and utilities37%Parks, recreation and libraries18%Health and hospitals17%Roads, transit and parking13%Running the government and other costs7.0%All other spending9.0%

What stands out

17%

of Hubbard's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
37%$548 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$319 thousand
  • Water supply$201 thousand
  • Garbage and solid waste$28 thousand
Parks, recreation and libraries
18%$266 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$166 thousand
  • Libraries$100 thousand
Health and hospitals
17%$245 thousand
What's in health and hospitalsPublic health
  • Public health$245 thousand
Roads, transit and parking
13%$187 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$187 thousand
Running the government and other costs
7.0%$104 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$70 thousand
  • Other and not broken out$27 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
  • Other government-run businesses$2 thousand
Police, fire, courts and jails
5.9%$87 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$67 thousand
  • Police$20 thousand
Interest on debt
3.2%$47 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$30 thousand
  • Interest on water supply debt$17 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hubbard. 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 Hubbard 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.