City government · Chickasaw County, IA

New Hampton's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), New Hampton took in $12.3 million and spent $15.3 million.

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

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Where it comes from

Fees for services (electric power, sewer)63%City taxes22%Fines and other7.0%State tax money6.8%County and local tax money0.6%

What stands out

63%

of New Hampton'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 taxes22%

Property tax
17%$2.1 million
Sales tax
4.6%$566 thousand
Other taxes
0.9%$105 thousand
What's in other taxesOther selective sales taxes and other licenses
  • Other selective sales taxes$60 thousand
  • Other licenses$45 thousand

Amounts are by Census tax category.

Fees for services63%

Fees for services
63%$7.7 million
What's in fees for servicesElectric power; sewer and 5 more
  • Electric power$5.9 million
  • Sewer$870 thousand
  • Water$528 thousand
  • Parks and recreation$167 thousand
  • Garbage collection$147 thousand
  • Other government-run businesses$105 thousand
  • Other service charges$12 thousand

Amounts are by Census type of charge.

State tax money6.8%

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

From the state
6.8%$838 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$74 thousand

Fines and other7.0%

Interest, rents and other
7.0%$863 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities67%Running the government and other costs14%Police, fire, courts and jails5.2%Parks, recreation and libraries4.9%Interest on debt4.5%All other spending4.0%

What stands out

67%

of New Hampton'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
67%$10.3 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$9.1 million
  • Sewer systems$796 thousand
  • Water supply$283 thousand
  • Garbage and solid waste$145 thousand
Running the government and other costs
14%$2.2 million
What's in running the government and other costsOther government-run businesses; other and not broken out and 3 more
  • Other government-run businesses$1.3 million
  • Other and not broken out$498 thousand
  • Finance, tax collection and budgeting$319 thousand
  • Government buildings$64 thousand
  • Central staff services (personnel, purchasing, technology)$43 thousand
Police, fire, courts and jails
5.2%$801 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$582 thousand
  • Fire protection$153 thousand
  • Prisons and jails$49 thousand
  • Courts and legal services$17 thousand
Parks, recreation and libraries
4.9%$745 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$527 thousand
  • Libraries$218 thousand
Interest on debt
4.5%$683 thousand
What's in interest on debtInterest on electric power debt and interest on general debt
  • Interest on electric power debt$383 thousand
  • Interest on general debt$300 thousand
Roads, transit and parking
2.6%$395 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$382 thousand
  • Airports$13 thousand
Sent to other local governments
0.9%$142 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$142 thousand
Health and hospitals
0.5%$69 thousand
What's in health and hospitalsPublic health
  • Public health$69 thousand
Social services
<0.1%$1 thousand
What's in social servicesOther public welfare
  • Other public welfare$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of New Hampton. 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 New Hampton 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.