City government · Ringgold County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Maloy took in $9 thousand and spent $9 thousand.

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

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Where it comes from

City taxes78%State tax money22%

What stands out

33%

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

City taxes78%

Property tax
44%$4 thousand
Sales tax
33%$3 thousand

State tax money22%

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

From the state
22%$2 thousand

Where it goes

Roads, transit and parking67%Police, fire, courts and jails11%Parks, recreation and libraries11%Running the government and other costs11%

What stands out

67%

of Maloy'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
67%$6 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6 thousand
Police, fire, courts and jails
11%$1 thousand
What's in police, fire, courts and jailsPrisons and jails
  • Prisons and jails$1 thousand
Parks, recreation and libraries
11%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Running the government and other costs
11%$1 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Maloy. 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 Maloy 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.