City government · Keokuk County, IA

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

In the latest recorded fiscal year (ended July 31, 2021), Kinross took in $41 thousand and spent $22 thousand.

Latest recorded year: ended July 31, 2021Comes fromGoes to

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Where it comes from

City taxes39%State tax money34%Fines and other22%Fees for services (garbage collection)4.9%

What stands out

20%

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

City taxes39%

Property tax
20%$8 thousand
Sales tax
20%$8 thousand

Fees for services4.9%

Fees for services
4.9%$2 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$2 thousand

Amounts are by Census type of charge.

State tax money34%

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

From the state
34%$14 thousand

Fines and other22%

Interest, rents and other
22%$9 thousand

Where it goes

Running the government and other costs59%Roads, transit and parking27%Police, fire, courts and jails14%

What stands out

59%

of Kinross' 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
59%$13 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$7 thousand
  • Government buildings$3 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
  • Finance, tax collection and budgeting$1 thousand
Roads, transit and parking
27%$6 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6 thousand
Police, fire, courts and jails
14%$3 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Kinross. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended July 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Kinross 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.