City government · Poweshiek County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Montezuma took in $7.0 million and spent $5.2 million.

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

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Where it comes from

Fees for services (electric power, gas)70%City taxes16%Fines and other7.5%State tax money2.9%County and local tax money2.0%Federal tax money1.8%

What stands out

70%

of Montezuma's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes16%

Property tax
13%$901 thousand
Sales tax
3.4%$241 thousand
Other taxes
<0.1%$3 thousand
What's in other taxesOther licenses
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services70%

Fees for services
70%$4.9 million
What's in fees for servicesElectric power; gas and 4 more
  • Electric power$2.3 million
  • Gas$1.0 million
  • Water$733 thousand
  • Sewer$608 thousand
  • Other service charges$120 thousand
  • Garbage collection$65 thousand

Amounts are by Census type of charge.

Federal tax money1.8%

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

From the federal government
1.8%$125 thousand

State tax money2.9%

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

From the state
2.9%$200 thousand

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$142 thousand

Fines and other7.5%

Interest, rents and other
7.5%$523 thousand

Where it goes

Water, sewer, trash and utilities73%Roads, transit and parking8.9%Running the government and other costs4.7%Sent to other local governments4.1%Police, fire, courts and jails3.0%All other spending5.7%

What stands out

73%

of Montezuma'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
73%$3.8 million
What's in water, sewer, trash and utilitiesElectric power; gas supply and 3 more
  • Electric power$2.1 million
  • Gas supply$1.0 million
  • Water supply$446 thousand
  • Sewer systems$228 thousand
  • Garbage and solid waste$64 thousand
Roads, transit and parking
8.9%$461 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$461 thousand
Running the government and other costs
4.7%$244 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$201 thousand
  • Other and not broken out$32 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
Sent to other local governments
4.1%$214 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$214 thousand
Police, fire, courts and jails
3.0%$155 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$131 thousand
  • Fire protection$24 thousand
Parks, recreation and libraries
2.7%$139 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$112 thousand
  • Parks and recreation$27 thousand
Health and hospitals
2.6%$134 thousand
What's in health and hospitalsPublic health
  • Public health$134 thousand
Interest on debt
0.4%$23 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$20 thousand
  • Interest on water supply debt$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Montezuma. 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 Montezuma 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.