City government · Benton County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Keystone took in $1.2 million and spent $777 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, water)45%City taxes35%State tax money11%Fines and other6.6%Federal tax money1.9%County and local tax money1.1%

What stands out

7.4%

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

City taxes35%

Property tax
27%$310 thousand
Sales tax
7.4%$86 thousand
Other taxes
0.4%$5 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$4 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$517 thousand
What's in fees for servicesSewer; water and 4 more
  • Sewer$240 thousand
  • Water$148 thousand
  • Garbage collection$72 thousand
  • Other service charges$45 thousand
  • Parks and recreation$8 thousand
  • Road charges$4 thousand

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government
1.9%$22 thousand

State tax money11%

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

From the state
11%$129 thousand

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments
1.1%$13 thousand

Fines and other6.6%

Interest, rents and other
6.6%$76 thousand

Where it goes

Water, sewer, trash and utilities46%Roads, transit and parking18%Parks, recreation and libraries17%Interest on debt7.5%Running the government and other costs5.3%All other spending6.8%

What stands out

17%

of Keystone's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
46%$355 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$176 thousand
  • Water supply$103 thousand
  • Garbage and solid waste$76 thousand
Roads, transit and parking
18%$140 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$140 thousand
Parks, recreation and libraries
17%$130 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$85 thousand
  • Parks and recreation$45 thousand
Interest on debt
7.5%$58 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$53 thousand
  • Interest on water supply debt$5 thousand
Running the government and other costs
5.3%$41 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$22 thousand
  • Finance, tax collection and budgeting$11 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
  • Government buildings$4 thousand
Police, fire, courts and jails
4.5%$35 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$23 thousand
  • Police$11 thousand
  • Courts and legal services$1 thousand
Sent to other local governments
1.4%$11 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$11 thousand
Health and hospitals
0.9%$7 thousand
What's in health and hospitalsPublic health
  • Public health$7 thousand
Sources and moreWhere these numbers come from and what they cover

City of Keystone. 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 Keystone 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.