City government · Union County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Lorimor took in $647 thousand and spent $624 thousand.

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

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Where it comes from

Fees for services (gas, sewer)50%City taxes23%Fines and other13%State tax money7.1%Federal tax money4.0%County and local tax money2.6%

What stands out

9.3%

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

City taxes23%

Property tax
14%$90 thousand
Sales tax
9.3%$60 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 services50%

Fees for services
50%$322 thousand
What's in fees for servicesGas; sewer and 1 more
  • Gas$200 thousand
  • Sewer$71 thousand
  • Garbage collection$51 thousand

Amounts are by Census type of charge.

Federal tax money4.0%

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

From the federal government
4.0%$26 thousand

State tax money7.1%

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

From the state
7.1%$46 thousand

County and local tax money2.6%

Money passed on by the county or other local governments.

From the county and other local governments
2.6%$17 thousand

Fines and other13%

Interest, rents and other
13%$85 thousand

Where it goes

Water, sewer, trash and utilities46%Roads, transit and parking15%Parks, recreation and libraries14%Police, fire, courts and jails14%Running the government and other costs11%Interest on debt0.3%

What stands out

14%

of Lorimor'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
46%$284 thousand
What's in water, sewer, trash and utilitiesGas supply; garbage and solid waste and 1 more
  • Gas supply$196 thousand
  • Garbage and solid waste$45 thousand
  • Sewer systems$43 thousand
Roads, transit and parking
15%$95 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$95 thousand
Parks, recreation and libraries
14%$90 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$90 thousand
Police, fire, courts and jails
14%$87 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$63 thousand
  • Courts and legal services$24 thousand
Running the government and other costs
11%$66 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$36 thousand
  • Finance, tax collection and budgeting$22 thousand
  • Other and not broken out$5 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Interest on debt
0.3%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lorimor. 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 Lorimor 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.