City government · Monroe County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Lovilia took in $506 thousand and spent $414 thousand.

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

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Where it comes from

Fees for services (water, sewer)40%City taxes32%State tax money13%Federal tax money7.5%Fines and other4.9%County and local tax money2.8%

What stands out

13%

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

City taxes32%

Property tax
19%$96 thousand
Sales tax
13%$64 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 services40%

Fees for services
40%$201 thousand
What's in fees for servicesWater and sewer
  • Water$102 thousand
  • Sewer$99 thousand

Amounts are by Census type of charge.

Federal tax money7.5%

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

From the federal government
7.5%$38 thousand

State tax money13%

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

From the state
13%$67 thousand

County and local tax money2.8%

Money passed on by the county or other local governments.

From the county and other local governments
2.8%$14 thousand

Fines and other4.9%

Interest, rents and other
4.9%$25 thousand

Where it goes

Water, sewer, trash and utilities50%Roads, transit and parking25%Running the government and other costs14%Police, fire, courts and jails4.6%Parks, recreation and libraries4.3%All other spending1.2%

What stands out

25%

of Lovilia's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
50%$207 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$110 thousand
  • Sewer systems$97 thousand
Roads, transit and parking
25%$105 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$105 thousand
Running the government and other costs
14%$60 thousand
What's in running the government and other costsOther and not broken out; other government-run businesses and 3 more
  • Other and not broken out$19 thousand
  • Other government-run businesses$16 thousand
  • Finance, tax collection and budgeting$14 thousand
  • Government buildings$8 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Police, fire, courts and jails
4.6%$19 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$9 thousand
  • Courts and legal services$5 thousand
  • Police$5 thousand
Parks, recreation and libraries
4.3%$18 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$17 thousand
  • Libraries$1 thousand
Interest on debt
0.7%$3 thousand
Health and hospitals
0.5%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lovilia. 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 Lovilia 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.