City government · Pocahontas County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Laurens took in $7.3 million and spent $8.3 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (electric power, water)50%Fines and other30%City taxes15%State tax money3.0%Federal tax money1.0%County and local tax money0.8%

What stands out

30%

of Laurens' money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes15%

Property tax
13%$918 thousand
Sales tax
2.2%$158 thousand
Other taxes
0.3%$22 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$20 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services50%

Fees for services
50%$3.6 million
What's in fees for servicesElectric power; water and 4 more
  • Electric power$2.2 million
  • Water$537 thousand
  • Sewer$413 thousand
  • Parks and recreation$247 thousand
  • Garbage collection$244 thousand
  • Other government-run businesses$15 thousand

Amounts are by Census type of charge.

Federal tax money1.0%

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

From the federal government
1.0%$72 thousand

State tax money3.0%

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

From the state
3.0%$216 thousand

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$61 thousand

Fines and other30%

Interest, rents and other
30%$2.2 million
Fines
0.4%$29 thousand

Where it goes

Water, sewer, trash and utilities55%Running the government and other costs29%Police, fire, courts and jails5.5%Parks, recreation and libraries3.6%Roads, transit and parking3.2%All other spending4.0%

What stands out

55%

of Laurens' 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
55%$4.6 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$3.6 million
  • Water supply$421 thousand
  • Garbage and solid waste$270 thousand
  • Sewer systems$243 thousand
Running the government and other costs
29%$2.4 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$2.3 million
  • Finance, tax collection and budgeting$78 thousand
  • Other government-run businesses$22 thousand
  • Central staff services (personnel, purchasing, technology)$13 thousand
  • Government buildings-$13 thousand
Police, fire, courts and jails
5.5%$454 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$318 thousand
  • Fire protection$133 thousand
  • Courts and legal services$3 thousand
Parks, recreation and libraries
3.6%$297 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$210 thousand
  • Parks and recreation$87 thousand
Roads, transit and parking
3.2%$268 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$268 thousand
Sent to other local governments
2.1%$175 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$175 thousand
Interest on debt
1.5%$128 thousand
What's in interest on debtInterest on electric power debt; interest on general debt and 1 more
  • Interest on electric power debt$103 thousand
  • Interest on general debt$14 thousand
  • Interest on water supply debt$11 thousand
Health and hospitals
0.3%$27 thousand
What's in health and hospitalsPublic health
  • Public health$27 thousand
Sources and moreWhere these numbers come from and what they cover

City of Laurens. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Laurens 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.