City government · Van Buren County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Milton took in $386 thousand and spent $371 thousand.

Latest recorded year: ended June 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)48%City taxes38%State tax money11%Federal tax money2.3%Fines and other1.3%

What stands out

10%

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

City taxes38%

Property tax
25%$97 thousand
Sales tax
10%$40 thousand
Other taxes
2.1%$8 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$7 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services48%

Fees for services
48%$184 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$82 thousand
  • Sewer$58 thousand
  • Garbage collection$39 thousand
  • Other service charges$5 thousand

Amounts are by Census type of charge.

Federal tax money2.3%

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

From the federal government
2.3%$9 thousand

State tax money11%

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

From the state
11%$43 thousand

Fines and other1.3%

Interest, rents and other
1.3%$5 thousand

Where it goes

Water, sewer, trash and utilities57%Roads, transit and parking16%Running the government and other costs14%Police, fire, courts and jails9.2%Parks, recreation and libraries3.2%All other spending0.5%

What stands out

57%

of Milton'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
57%$212 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$100 thousand
  • Sewer systems$74 thousand
  • Garbage and solid waste$38 thousand
Roads, transit and parking
16%$59 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$59 thousand
Running the government and other costs
14%$52 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$37 thousand
  • Finance, tax collection and budgeting$10 thousand
  • Government buildings$3 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Police, fire, courts and jails
9.2%$34 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$25 thousand
  • Fire protection$8 thousand
  • Courts and legal services$1 thousand
Parks, recreation and libraries
3.2%$12 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$8 thousand
  • Libraries$4 thousand
Health and hospitals
0.3%$1 thousand
What's in health and hospitalsPublic health
  • Public health$1 thousand
Interest on debt
0.3%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Milton. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Milton 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.