City government · Marshall County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Laurel took in $289 thousand and spent $259 thousand.

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

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Where it comes from

Fees for services (sewer, water)59%City taxes26%State tax money8.7%Federal tax money5.9%Fines and other0.7%

What stands out

12%

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

City taxes26%

Property tax
13%$38 thousand
Sales tax
12%$34 thousand
Other taxes
0.7%$2 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$1 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services59%

Fees for services
59%$171 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$92 thousand
  • Water$60 thousand
  • Garbage collection$19 thousand

Amounts are by Census type of charge.

Federal tax money5.9%

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

From the federal government
5.9%$17 thousand

State tax money8.7%

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

From the state
8.7%$25 thousand

Fines and other0.7%

Interest, rents and other
0.7%$2 thousand

Where it goes

Water, sewer, trash and utilities67%Running the government and other costs15%Police, fire, courts and jails6.6%Roads, transit and parking5.8%Sent to other local governments3.5%All other spending2.3%

What stands out

67%

of Laurel'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
67%$174 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$95 thousand
  • Water supply$60 thousand
  • Garbage and solid waste$19 thousand
Running the government and other costs
15%$38 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$21 thousand
  • Government buildings$9 thousand
  • Finance, tax collection and budgeting$7 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
Police, fire, courts and jails
6.6%$17 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$10 thousand
  • Police$7 thousand
Roads, transit and parking
5.8%$15 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$15 thousand
Sent to other local governments
3.5%$9 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$8 thousand
  • Sent to the state government$1 thousand
Parks, recreation and libraries
1.9%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Social services
0.4%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Laurel. 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 Laurel 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.