City government · Buchanan County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Lamont took in $616 thousand and spent $550 thousand.

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

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Where it comes from

Fees for services (water, sewer)48%City taxes29%State tax money9.3%Federal tax money6.7%County and local tax money4.1%Fines and other3.4%

What stands out

9.4%

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

City taxes29%

Property tax
17%$107 thousand
Sales tax
9.4%$58 thousand
Other taxes
2.3%$14 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$13 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services48%

Fees for services
48%$293 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$124 thousand
  • Sewer$105 thousand
  • Garbage collection$64 thousand

Amounts are by Census type of charge.

Federal tax money6.7%

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

From the federal government
6.7%$41 thousand

State tax money9.3%

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

From the state
9.3%$57 thousand

County and local tax money4.1%

Money passed on by the county or other local governments.

From the county and other local governments
4.1%$25 thousand

Fines and other3.4%

Interest, rents and other
3.2%$20 thousand
Fines
0.2%$1 thousand

Where it goes

Water, sewer, trash and utilities48%Roads, transit and parking15%Police, fire, courts and jails11%Running the government and other costs8.9%Parks, recreation and libraries7.8%All other spending8.9%

What stands out

4.5%

of Lamont's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
48%$263 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$147 thousand
  • Garbage and solid waste$62 thousand
  • Sewer systems$54 thousand
Roads, transit and parking
15%$83 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$83 thousand
Police, fire, courts and jails
11%$63 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$28 thousand
  • Police$24 thousand
  • Courts and legal services$7 thousand
  • Inspections and regulation$4 thousand
Running the government and other costs
8.9%$49 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$20 thousand
  • Other and not broken out$18 thousand
  • Government buildings$8 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Parks, recreation and libraries
7.8%$43 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$25 thousand
  • Parks and recreation$18 thousand
Sent to other local governments
4.5%$25 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$25 thousand
Interest on debt
2.5%$14 thousand
Housing and community development
1.3%$7 thousand
Social services
0.4%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 thousand
Health and hospitals
0.2%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lamont. 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 Lamont 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.