City government · Warren County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Lacona took in $542 thousand and spent $297 thousand.

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

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Where it comes from

Fees for services (water, sewer)44%City taxes34%State tax money15%Fines and other5.5%County and local tax money2.0%

What stands out

14%

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

City taxes34%

Property tax
19%$103 thousand
Sales tax
14%$78 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$240 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$121 thousand
  • Sewer$44 thousand
  • Other service charges$43 thousand
  • Garbage collection$32 thousand

Amounts are by Census type of charge.

State tax money15%

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

From the state
15%$79 thousand

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$11 thousand

Fines and other5.5%

Interest, rents and other
5.5%$30 thousand

Where it goes

Water, sewer, trash and utilities42%Roads, transit and parking21%Parks, recreation and libraries15%Running the government and other costs10%Police, fire, courts and jails6.1%All other spending5.7%

What stands out

15%

of Lacona'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
42%$126 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$74 thousand
  • Garbage and solid waste$28 thousand
  • Sewer systems$24 thousand
Roads, transit and parking
21%$61 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$61 thousand
Parks, recreation and libraries
15%$44 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$25 thousand
  • Libraries$19 thousand
Running the government and other costs
10%$31 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$22 thousand
  • Finance, tax collection and budgeting$8 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
Police, fire, courts and jails
6.1%$18 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$17 thousand
  • Courts and legal services$1 thousand
Health and hospitals
5.1%$15 thousand
What's in health and hospitalsPublic health
  • Public health$15 thousand
Interest on debt
0.7%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lacona. 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 Lacona 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.