City government · Story County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Maxwell took in $2.0 million and spent $4.6 million.

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

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Where it comes from

Federal tax money31%City taxes28%Fees for services (sewer, water)28%State tax money6.4%County and local tax money4.2%Fines and other2.2%

What stands out

31%

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

City taxes28%

Property tax
19%$376 thousand
Sales tax
7.3%$144 thousand
Other taxes
1.9%$38 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$29 thousand
  • Other licenses$9 thousand

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$552 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$252 thousand
  • Water$223 thousand
  • Garbage collection$75 thousand
  • Other government-run businesses$2 thousand

Amounts are by Census type of charge.

Federal tax money31%

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

From the federal government
31%$598 thousand

State tax money6.4%

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

From the state
6.4%$126 thousand

County and local tax money4.2%

Money passed on by the county or other local governments.

From the county and other local governments
4.2%$83 thousand

Fines and other2.2%

Interest, rents and other
2.2%$43 thousand

Where it goes

Water, sewer, trash and utilities75%Parks, recreation and libraries7.0%Running the government and other costs4.2%Interest on debt3.9%Police, fire, courts and jails3.8%All other spending5.7%

What stands out

75%

of Maxwell's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
75%$3.4 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$3.2 million
  • Water supply$213 thousand
  • Garbage and solid waste$65 thousand
Parks, recreation and libraries
7.0%$320 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$290 thousand
  • Libraries$30 thousand
Running the government and other costs
4.2%$192 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$96 thousand
  • Finance, tax collection and budgeting$54 thousand
  • Government buildings$24 thousand
  • Other government-run businesses$13 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
Interest on debt
3.9%$177 thousand
Police, fire, courts and jails
3.8%$176 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$87 thousand
  • Police$58 thousand
  • Courts and legal services$19 thousand
  • Inspections and regulation$12 thousand
Roads, transit and parking
2.4%$111 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$111 thousand
Health and hospitals
1.8%$81 thousand
What's in health and hospitalsPublic health
  • Public health$81 thousand
Sent to other local governments
1.5%$69 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$69 thousand
Sources and moreWhere these numbers come from and what they cover

City of Maxwell. 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 Maxwell 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.