City government · Mills County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Malvern took in $2.0 million and spent $2.3 million.

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

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Where it comes from

Fees for services (water, sewer)33%City taxes33%Federal tax money22%State tax money8.4%Fines and other3.0%County and local tax money1.2%

What stands out

22%

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

City taxes33%

Property tax
24%$489 thousand
Sales tax
6.8%$135 thousand
Other taxes
1.5%$29 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$17 thousand
  • Public utility taxes$10 thousand
  • Other selective sales taxes$2 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$662 thousand
What's in fees for servicesWater; sewer and 4 more
  • Water$383 thousand
  • Sewer$172 thousand
  • Garbage collection$60 thousand
  • Parks and recreation$27 thousand
  • Other service charges$15 thousand
  • Housing$5 thousand

Amounts are by Census type of charge.

Federal tax money22%

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

From the federal government
22%$434 thousand

State tax money8.4%

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

From the state
8.4%$167 thousand

County and local tax money1.2%

Money passed on by the county or other local governments.

From the county and other local governments
1.2%$24 thousand

Fines and other3.0%

Interest, rents and other
3.0%$59 thousand

Where it goes

Water, sewer, trash and utilities49%Running the government and other costs26%Parks, recreation and libraries9.6%Roads, transit and parking7.0%Interest on debt3.8%All other spending4.1%

What stands out

10%

of Malvern'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
49%$1.1 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$957 thousand
  • Sewer systems$98 thousand
  • Garbage and solid waste$58 thousand
Running the government and other costs
26%$598 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$540 thousand
  • Finance, tax collection and budgeting$50 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
  • Other government-run businesses$4 thousand
Parks, recreation and libraries
9.6%$217 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$148 thousand
  • Libraries$69 thousand
Roads, transit and parking
7.0%$158 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$158 thousand
Interest on debt
3.8%$86 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$66 thousand
  • Interest on general debt$20 thousand
Police, fire, courts and jails
3.2%$72 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$46 thousand
  • Police$20 thousand
  • Courts and legal services$4 thousand
  • Inspections and regulation$2 thousand
Health and hospitals
0.9%$20 thousand
What's in health and hospitalsPublic health
  • Public health$20 thousand
Sources and moreWhere these numbers come from and what they cover

City of Malvern. 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 Malvern 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.