City government · Jasper County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Newton took in $37.8 million and spent $34.8 million.

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

See every government that serves your ZIP

Where it comes from

City taxes40%Fees for services (sewer, water)32%State tax money14%Fines and other11%Federal tax money2.0%County and local tax money0.7%

What stands out

5.7%

of Newton's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes40%

Property tax
32%$12.1 million
Sales tax
5.7%$2.1 million
Other taxes
2.4%$901 thousand
What's in other taxesOther licenses; other selective sales taxes and 1 more
  • Other licenses$392 thousand
  • Other selective sales taxes$351 thousand
  • Public utility taxes$158 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$12.2 million
What's in fees for servicesSewer; water and 5 more
  • Sewer$3.9 million
  • Water$3.6 million
  • Garbage collection$3.1 million
  • Other service charges$925 thousand
  • Parks and recreation$606 thousand
  • Other government-run businesses$62 thousand
  • Airport$12 thousand

Amounts are by Census type of charge.

Federal tax money2.0%

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

From the federal government
2.0%$749 thousand

State tax money14%

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

From the state
14%$5.2 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$259 thousand

Fines and other11%

Interest, rents and other
11%$4.3 million
Fines
0.2%$60 thousand

Where it goes

Water, sewer, trash and utilities44%Police, fire, courts and jails24%Running the government and other costs14%Parks, recreation and libraries7.5%Roads, transit and parking7.0%All other spending4.3%

What stands out

44%

of Newton's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
44%$15.2 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$6.7 million
  • Water supply$5.1 million
  • Garbage and solid waste$3.5 million
Police, fire, courts and jails
24%$8.3 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$4.2 million
  • Fire protection$3.7 million
  • Courts and legal services$239 thousand
  • Inspections and regulation$137 thousand
Running the government and other costs
14%$4.7 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$2.9 million
  • Central staff services (personnel, purchasing, technology)$758 thousand
  • Finance, tax collection and budgeting$682 thousand
  • Other government-run businesses$298 thousand
  • Government buildings$112 thousand
Parks, recreation and libraries
7.5%$2.6 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1.4 million
  • Parks and recreation$1.2 million
Roads, transit and parking
7.0%$2.4 million
What's in roads, transit and parkingRoads and highways; airports and 1 more
  • Roads and highways$2.3 million
  • Airports$107 thousand
  • Parking$57 thousand
Interest on debt
3.3%$1.1 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$1.1 million
  • Interest on water supply debt$11 thousand
Housing and community development
0.9%$297 thousand
Health and hospitals
0.1%$42 thousand
What's in health and hospitalsPublic health
  • Public health$42 thousand
Sources and moreWhere these numbers come from and what they cover

City of Newton. 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 Newton 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.