City government · Winnebago County, IA

Lake Mills's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Lake Mills took in $6.6 million and spent $5.7 million.

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

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Where it comes from

Fees for services (electric power, water)56%City taxes29%Fines and other7.6%State tax money6.4%County and local tax money0.9%

What stands out

56%

of Lake Mills' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes29%

Property tax
25%$1.6 million
Sales tax
4.4%$290 thousand
Other taxes
0.1%$8 thousand
What's in other taxesOther licenses
  • Other licenses$8 thousand

Amounts are by Census tax category.

Fees for services56%

Fees for services
56%$3.7 million
What's in fees for servicesElectric power; water and 6 more
  • Electric power$2.6 million
  • Water$444 thousand
  • Sewer$373 thousand
  • Garbage collection$210 thousand
  • Parks and recreation$65 thousand
  • Other service charges$39 thousand
  • Transit fares$7 thousand
  • Airport$5 thousand

Amounts are by Census type of charge.

State tax money6.4%

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

From the state
6.4%$423 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$57 thousand

Fines and other7.6%

Interest, rents and other
7.4%$491 thousand
Fines
0.2%$15 thousand

Where it goes

Water, sewer, trash and utilities70%Police, fire, courts and jails11%Parks, recreation and libraries8.4%Running the government and other costs5.8%Roads, transit and parking5.1%All other spending0.2%

What stands out

70%

of Lake Mills' 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
70%$4.0 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$3.1 million
  • Water supply$333 thousand
  • Sewer systems$303 thousand
  • Garbage and solid waste$208 thousand
Police, fire, courts and jails
11%$605 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$514 thousand
  • Fire protection$73 thousand
  • Courts and legal services$18 thousand
Parks, recreation and libraries
8.4%$479 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$259 thousand
  • Libraries$220 thousand
Running the government and other costs
5.8%$332 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$237 thousand
  • Finance, tax collection and budgeting$85 thousand
  • Central staff services (personnel, purchasing, technology)$10 thousand
Roads, transit and parking
5.1%$293 thousand
What's in roads, transit and parkingRoads and highways; public transit and 1 more
  • Roads and highways$244 thousand
  • Public transit$42 thousand
  • Airports$7 thousand
Interest on debt
0.1%$7 thousand
Health and hospitals
<0.1%$5 thousand
What's in health and hospitalsPublic health
  • Public health$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Mills. 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 Lake Mills 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.