City government · Lee County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Montrose took in $1.0 million and spent $839 thousand.

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

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Where it comes from

Fees for services (water, sewer)46%City taxes36%State tax money10%Federal tax money5.8%Fines and other1.2%County and local tax money0.9%

What stands out

10%

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

City taxes36%

Property tax
25%$258 thousand
Sales tax
10%$107 thousand
Other taxes
0.2%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services46%

Fees for services
46%$468 thousand
What's in fees for servicesWater; sewer and 4 more
  • Water$226 thousand
  • Sewer$131 thousand
  • Parks and recreation$70 thousand
  • Garbage collection$29 thousand
  • Other government-run businesses$9 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

Federal tax money5.8%

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

From the federal government
5.8%$59 thousand

State tax money10%

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

From the state
10%$106 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$9 thousand

Fines and other1.2%

Interest, rents and other
1.2%$12 thousand

Where it goes

Water, sewer, trash and utilities40%Parks, recreation and libraries18%Police, fire, courts and jails16%Running the government and other costs15%Roads, transit and parking12%Interest on debt0.1%

What stands out

18%

of Montrose'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
40%$334 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$157 thousand
  • Sewer systems$147 thousand
  • Garbage and solid waste$30 thousand
Parks, recreation and libraries
18%$150 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$123 thousand
  • Libraries$27 thousand
Police, fire, courts and jails
16%$134 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$107 thousand
  • Fire protection$25 thousand
  • Courts and legal services$2 thousand
Running the government and other costs
15%$122 thousand
What's in running the government and other costsOther government-run businesses; other and not broken out and 3 more
  • Other government-run businesses$39 thousand
  • Other and not broken out$32 thousand
  • Finance, tax collection and budgeting$27 thousand
  • Government buildings$19 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
Roads, transit and parking
12%$98 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$98 thousand
Interest on debt
0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Montrose. 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 Montrose 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.