City government · Kossuth County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Luverne took in $452 thousand and spent $448 thousand.

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

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Where it comes from

City taxes43%Fines and other30%Fees for services (garbage collection, water)11%Federal tax money6.6%State tax money6.6%County and local tax money2.4%

What stands out

30%

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

City taxes43%

Property tax
33%$150 thousand
Sales tax
9.5%$43 thousand
Other taxes
0.7%$3 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$2 thousand
  • Public utility taxes$1 thousand

Amounts are by Census tax category.

Fees for services11%

Fees for services
11%$50 thousand
What's in fees for servicesGarbage collection and water
  • Garbage collection$26 thousand
  • Water$24 thousand

Amounts are by Census type of charge.

Federal tax money6.6%

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

From the federal government
6.6%$30 thousand

State tax money6.6%

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

From the state
6.6%$30 thousand

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments
2.4%$11 thousand

Fines and other30%

Interest, rents and other
30%$135 thousand

Where it goes

Roads, transit and parking43%Running the government and other costs24%Parks, recreation and libraries15%Water, sewer, trash and utilities15%Police, fire, courts and jails2.7%Sent to other local governments0.4%

What stands out

43%

of Luverne'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%

Roads, transit and parking
43%$191 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$191 thousand
Running the government and other costs
24%$107 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$54 thousand
  • Finance, tax collection and budgeting$28 thousand
  • Government buildings$22 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Parks, recreation and libraries
15%$69 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$50 thousand
  • Parks and recreation$19 thousand
Water, sewer, trash and utilities
15%$67 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$35 thousand
  • Garbage and solid waste$32 thousand
Police, fire, courts and jails
2.7%$12 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$10 thousand
  • Police$2 thousand
Sent to other local governments
0.4%$2 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$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Luverne. 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 Luverne 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.