City government · Story County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Nevada took in $17.3 million and spent $22.9 million.

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

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Where it comes from

Fees for services (sewer, water)44%City taxes37%Fines and other10%State tax money7.8%Federal tax money0.8%County and local tax money0.2%

What stands out

28%

of Nevada's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes37%

Property tax
28%$4.8 million
Other taxes
8.6%$1.5 million
What's in other taxesOther selective sales taxes; other licenses and 1 more
  • Other selective sales taxes$1.4 million
  • Other licenses$73 thousand
  • Public utility taxes$38 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$7.7 million
What's in fees for servicesSewer; water and 5 more
  • Sewer$4.0 million
  • Water$3.1 million
  • Parks and recreation$312 thousand
  • Other service charges$175 thousand
  • Garbage collection$73 thousand
  • Other government-run businesses$19 thousand
  • Road charges$4 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$145 thousand

State tax money7.8%

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

From the state
7.8%$1.3 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$39 thousand

Fines and other10%

Interest, rents and other
10%$1.7 million
Fines
<0.1%$16 thousand

Where it goes

Water, sewer, trash and utilities65%Police, fire, courts and jails8.2%Running the government and other costs7.7%Parks, recreation and libraries7.5%Interest on debt5.8%All other spending6.1%

What stands out

65%

of Nevada'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
65%$14.8 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$13.2 million
  • Water supply$1.6 million
  • Garbage and solid waste$73 thousand
Police, fire, courts and jails
8.2%$1.9 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.5 million
  • Fire protection$262 thousand
  • Courts and legal services$120 thousand
  • Inspections and regulation$49 thousand
Running the government and other costs
7.7%$1.8 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$891 thousand
  • Finance, tax collection and budgeting$418 thousand
  • Central staff services (personnel, purchasing, technology)$191 thousand
  • Other government-run businesses$180 thousand
  • Government buildings$88 thousand
Parks, recreation and libraries
7.5%$1.7 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.2 million
  • Libraries$544 thousand
Interest on debt
5.8%$1.3 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$1.3 million
  • Interest on water supply debt$30 thousand
Roads, transit and parking
5.2%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Sent to other local governments
0.5%$119 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$119 thousand
Health and hospitals
0.2%$44 thousand
What's in health and hospitalsPublic health
  • Public health$44 thousand
Social services
0.2%$40 thousand
What's in social servicesOther public welfare
  • Other public welfare$40 thousand
Housing and community development
<0.1%$6 thousand
Environment and natural resources
<0.1%$6 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Nevada. 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 Nevada 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.