City government · Worth County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Northwood took in $3.5 million and spent $4.2 million.

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

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Where it comes from

City taxes38%Fees for services (sewer, water)35%Fines and other14%State tax money8.2%Federal tax money4.2%County and local tax money0.6%

What stands out

9.2%

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

City taxes38%

Property tax
28%$984 thousand
Sales tax
9.2%$321 thousand
Other taxes
0.8%$29 thousand
What's in other taxesOther licenses
  • Other licenses$29 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$1.2 million
What's in fees for servicesSewer; water and 6 more
  • Sewer$608 thousand
  • Water$323 thousand
  • Garbage collection$153 thousand
  • Transit fares$63 thousand
  • Parks and recreation$42 thousand
  • Other service charges$26 thousand
  • Other government-run businesses$13 thousand
  • Airport$3 thousand

Amounts are by Census type of charge.

Federal tax money4.2%

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

From the federal government
4.2%$146 thousand

State tax money8.2%

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

From the state
8.2%$288 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%$20 thousand

Fines and other14%

Interest, rents and other
14%$477 thousand
Fines
<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities27%Roads, transit and parking26%Running the government and other costs12%Police, fire, courts and jails11%Sent to other local governments8.7%All other spending15%

What stands out

8.7%

of Northwood's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
27%$1.1 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$623 thousand
  • Water supply$356 thousand
  • Garbage and solid waste$153 thousand
Roads, transit and parking
26%$1.1 million
What's in roads, transit and parkingRoads and highways; public transit and 1 more
  • Roads and highways$1.0 million
  • Public transit$67 thousand
  • Airports$8 thousand
Running the government and other costs
12%$512 thousand
What's in running the government and other costsOther and not broken out; other government-run businesses and 3 more
  • Other and not broken out$306 thousand
  • Other government-run businesses$82 thousand
  • Finance, tax collection and budgeting$65 thousand
  • Government buildings$47 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
Police, fire, courts and jails
11%$448 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$431 thousand
  • Fire protection$11 thousand
  • Courts and legal services$6 thousand
Sent to other local governments
8.7%$363 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$363 thousand
Interest on debt
8.1%$336 thousand
Parks, recreation and libraries
6.0%$247 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$156 thousand
  • Libraries$91 thousand
Housing and community development
0.7%$29 thousand
Health and hospitals
0.2%$9 thousand
What's in health and hospitalsPublic health
  • Public health$9 thousand
Sources and moreWhere these numbers come from and what they cover

City of Northwood. 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 Northwood 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.