City government · Linn County, IA

Mount Vernon's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Mount Vernon took in $8.7 million and spent $7.0 million.

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

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Where it comes from

City taxes46%Fees for services (sewer, water)37%State tax money8.4%Federal tax money4.7%Fines and other3.9%

What stands out

10%

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

City taxes46%

Property tax
32%$2.8 million
Sales tax
10%$887 thousand
Other taxes
4.5%$393 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 1 more
  • Public utility taxes$298 thousand
  • Other selective sales taxes$73 thousand
  • Other licenses$22 thousand

Amounts are by Census tax category.

Fees for services37%

Fees for services
37%$3.2 million
What's in fees for servicesSewer; water and 4 more
  • Sewer$898 thousand
  • Water$851 thousand
  • Other service charges$739 thousand
  • Garbage collection$452 thousand
  • Parks and recreation$244 thousand
  • Other government-run businesses$23 thousand

Amounts are by Census type of charge.

Federal tax money4.7%

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

From the federal government
4.7%$412 thousand

State tax money8.4%

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

From the state
8.4%$736 thousand

Fines and other3.9%

Interest, rents and other
3.7%$327 thousand
Fines
0.2%$14 thousand

Where it goes

Water, sewer, trash and utilities31%Police, fire, courts and jails20%Running the government and other costs18%Roads, transit and parking16%Parks, recreation and libraries11%All other spending4.6%

What stands out

11%

of Mount Vernon'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
31%$2.2 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$932 thousand
  • Water supply$690 thousand
  • Garbage and solid waste$549 thousand
Police, fire, courts and jails
20%$1.4 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.2 million
  • Fire protection$193 thousand
  • Courts and legal services$24 thousand
Running the government and other costs
18%$1.2 million
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$777 thousand
  • Finance, tax collection and budgeting$332 thousand
  • Government buildings$86 thousand
  • Other government-run businesses$14 thousand
  • Central staff services (personnel, purchasing, technology)$13 thousand
Roads, transit and parking
16%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Parks, recreation and libraries
11%$786 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$658 thousand
  • Libraries$128 thousand
Interest on debt
4.1%$286 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$282 thousand
  • Interest on water supply debt$4 thousand
Health and hospitals
0.5%$36 thousand
What's in health and hospitalsPublic health
  • Public health$36 thousand
Sources and moreWhere these numbers come from and what they cover

City of Mount Vernon. 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 Mount Vernon 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.