City government · Muscatine County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Nichols took in $316 thousand and spent $241 thousand.

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

See every government that serves your ZIP

Where it comes from

City taxes39%Fees for services (sewer, garbage collection)30%State tax money15%Federal tax money8.5%County and local tax money5.1%Fines and other1.9%

What stands out

16%

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

City taxes39%

Property tax
23%$73 thousand
Sales tax
16%$49 thousand
Other taxes
0.3%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$96 thousand
What's in fees for servicesSewer and garbage collection
  • Sewer$53 thousand
  • Garbage collection$43 thousand

Amounts are by Census type of charge.

Federal tax money8.5%

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

From the federal government
8.5%$27 thousand

State tax money15%

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

From the state
15%$48 thousand

County and local tax money5.1%

Money passed on by the county or other local governments.

From the county and other local governments
5.1%$16 thousand

Fines and other1.9%

Interest, rents and other
1.9%$6 thousand

Where it goes

Police, fire, courts and jails30%Running the government and other costs23%Water, sewer, trash and utilities22%Roads, transit and parking20%Health and hospitals3.3%Parks, recreation and libraries2.1%

What stands out

30%

of Nichols' spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
30%$72 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$38 thousand
  • Fire protection$33 thousand
  • Courts and legal services$1 thousand
Running the government and other costs
23%$55 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$27 thousand
  • Finance, tax collection and budgeting$21 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
  • Other and not broken out$1 thousand
Water, sewer, trash and utilities
22%$54 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$40 thousand
  • Sewer systems$14 thousand
Roads, transit and parking
20%$47 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$47 thousand
Health and hospitals
3.3%$8 thousand
What's in health and hospitalsPublic health
  • Public health$8 thousand
Parks, recreation and libraries
2.1%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Nichols. 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 Nichols 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.