City government · Audubon County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Kimballton took in $668 thousand and spent $1.3 million.

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

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Where it comes from

Fees for services (electric power, water)53%Federal tax money20%City taxes17%State tax money5.5%County and local tax money4.6%Fines and other0.6%

What stands out

20%

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

City taxes17%

Property tax
12%$79 thousand
Sales tax
4.8%$32 thousand

Fees for services53%

Fees for services
53%$351 thousand
What's in fees for servicesElectric power; water and 3 more
  • Electric power$241 thousand
  • Water$43 thousand
  • Garbage collection$41 thousand
  • Other service charges$15 thousand
  • Sewer$11 thousand

Amounts are by Census type of charge.

Federal tax money20%

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

From the federal government
20%$134 thousand

State tax money5.5%

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

From the state
5.5%$37 thousand

County and local tax money4.6%

Money passed on by the county or other local governments.

From the county and other local governments
4.6%$31 thousand

Fines and other0.6%

Interest, rents and other
0.6%$4 thousand

Where it goes

Water, sewer, trash and utilities71%Roads, transit and parking13%Running the government and other costs6.4%Police, fire, courts and jails5.1%Interest on debt2.4%All other spending1.3%

What stands out

71%

of Kimballton's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
71%$910 thousand
What's in water, sewer, trash and utilitiesWater supply; electric power and 2 more
  • Water supply$562 thousand
  • Electric power$271 thousand
  • Sewer systems$41 thousand
  • Garbage and solid waste$36 thousand
Roads, transit and parking
13%$172 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$172 thousand
Running the government and other costs
6.4%$82 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$37 thousand
  • Finance, tax collection and budgeting$21 thousand
  • Government buildings$21 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Police, fire, courts and jails
5.1%$65 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$56 thousand
  • Police$5 thousand
  • Courts and legal services$4 thousand
Interest on debt
2.4%$30 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$29 thousand
  • Interest on general debt$1 thousand
Parks, recreation and libraries
0.9%$12 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$9 thousand
  • Libraries$3 thousand
Sent to other local governments
0.4%$5 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$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Kimballton. 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 Kimballton 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.