City government · Clarke County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Osceola took in $19.9 million and spent $23.5 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

Fees for services (water, sewer)43%City taxes29%Fines and other14%State tax money9.0%Federal tax money4.6%

What stands out

6.7%

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

City taxes29%

Property tax

20%$3.9 million

Sales tax

6.7%$1.3 million

Other taxes

3.2%$641 thousand

What's in other taxesOther selective sales taxes; public utility taxes and 1 more

Other selective sales taxes$335 thousand
Public utility taxes$255 thousand
Other licenses$51 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services

43%$8.6 million

What's in fees for servicesWater; sewer and 4 more

Water$5.7 million
Sewer$2.2 million
Garbage collection$432 thousand
Parks and recreation$202 thousand
Other service charges$73 thousand
Airport$30 thousand

Amounts are by Census type of charge.

Federal tax money4.6%

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

From the federal government

4.6%$925 thousand

State tax money9.0%

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

From the state

9.0%$1.8 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments

<0.1%$4 thousand

Fines and other14%

Interest, rents and other

13%$2.7 million

Fines

0.1%$27 thousand

Where it goes

Water, sewer, trash and utilities64%Running the government and other costs15%Police, fire, courts and jails7.0%Roads, transit and parking6.1%Interest on debt4.4%Parks, recreation and libraries3.2%

What stands out

64%

of Osceola'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

64%$15.1 million

What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more

Sewer systems$8.4 million
Water supply$6.3 million
Garbage and solid waste$385 thousand

Running the government and other costs

15%$3.6 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$2.7 million
Finance, tax collection and budgeting$303 thousand
Government buildings$281 thousand
Other government-run businesses$171 thousand
Central staff services (personnel, purchasing, technology)$141 thousand

Police, fire, courts and jails

7.0%$1.6 million

What's in police, fire, courts and jailsPolice; fire protection and 1 more

Police$1.5 million
Fire protection$128 thousand
Courts and legal services$64 thousand

Roads, transit and parking

6.1%$1.4 million

What's in roads, transit and parkingRoads and highways and airports

Roads and highways$1.3 million
Airports$134 thousand

Interest on debt

4.4%$1.0 million

What's in interest on debtInterest on general debt and interest on water supply debt

Interest on general debt$919 thousand
Interest on water supply debt$109 thousand

Parks, recreation and libraries

3.2%$747 thousand

What's in parks, recreation and librariesParks and recreation and libraries

Parks and recreation$502 thousand
Libraries$245 thousand

Sources and moreWhere these numbers come from and what they cover

City of Osceola. 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 Osceola 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.