City government · Clay County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Peterson took in $1.3 million and spent $1.3 million.

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

See every government that serves your ZIP

Where it comes from

State tax money46%Federal tax money23%City taxes14%Fees for services (water, sewer)13%Fines and other4.3%County and local tax money0.7%

What stands out

23%

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

City taxes14%

Property tax
9.8%$131 thousand
Sales tax
4.3%$57 thousand
Other taxes
<0.1%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$171 thousand
What's in fees for servicesWater; sewer and 4 more
  • Water$71 thousand
  • Sewer$40 thousand
  • Garbage collection$31 thousand
  • Other service charges$16 thousand
  • Parks and recreation$12 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money23%

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

From the federal government
23%$302 thousand

State tax money46%

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

From the state
46%$613 thousand

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%$9 thousand

Fines and other4.3%

Interest, rents and other
4.3%$57 thousand

Where it goes

Water, sewer, trash and utilities78%Parks, recreation and libraries7.1%Running the government and other costs6.6%Roads, transit and parking4.5%Interest on debt1.8%All other spending2.5%

What stands out

78%

of Peterson'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
78%$975 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$887 thousand
  • Water supply$63 thousand
  • Garbage and solid waste$25 thousand
Parks, recreation and libraries
7.1%$89 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$46 thousand
  • Libraries$43 thousand
Running the government and other costs
6.6%$83 thousand
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$42 thousand
  • Finance, tax collection and budgeting$31 thousand
  • Other government-run businesses$5 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
  • Government buildings$1 thousand
Roads, transit and parking
4.5%$57 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$57 thousand
Interest on debt
1.8%$22 thousand
Police, fire, courts and jails
1.4%$18 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$8 thousand
  • Police$8 thousand
  • Courts and legal services$2 thousand
Health and hospitals
1.0%$13 thousand
What's in health and hospitalsPublic health
  • Public health$13 thousand
Sources and moreWhere these numbers come from and what they cover

City of Peterson. 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 Peterson 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.