City government · Polk County, IA

Polk City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Polk City took in $13.3 million and spent $10.9 million.

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

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Where it comes from

City taxes47%Fees for services (sewer, water)34%State tax money9.8%Fines and other8.4%County and local tax money0.9%

What stands out

8.3%

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

City taxes47%

Property tax
35%$4.6 million
Sales tax
8.3%$1.1 million
Other taxes
3.7%$492 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$419 thousand
  • Public utility taxes$48 thousand
  • Other selective sales taxes$25 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$4.5 million
What's in fees for servicesSewer; water and 4 more
  • Sewer$2.1 million
  • Water$1.8 million
  • Garbage collection$418 thousand
  • Other service charges$161 thousand
  • Parks and recreation$39 thousand
  • Housing$12 thousand

Amounts are by Census type of charge.

State tax money9.8%

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

From the state
9.8%$1.3 million

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$119 thousand

Fines and other8.4%

Interest, rents and other
8.0%$1.1 million
Fines
0.3%$45 thousand

Where it goes

Water, sewer, trash and utilities27%Police, fire, courts and jails26%Running the government and other costs18%Sent to other local governments9.7%Parks, recreation and libraries7.6%All other spending12%

What stands out

10%

of Polk City'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%$2.9 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$1.4 million
  • Sewer systems$1.1 million
  • Garbage and solid waste$414 thousand
Police, fire, courts and jails
26%$2.9 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.3 million
  • Fire protection$1.0 million
  • Inspections and regulation$504 thousand
  • Courts and legal services$62 thousand
Running the government and other costs
18%$2.0 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$1.6 million
  • Finance, tax collection and budgeting$177 thousand
  • Central staff services (personnel, purchasing, technology)$116 thousand
  • Government buildings$76 thousand
Sent to other local governments
9.7%$1.1 million
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$1.1 million
Parks, recreation and libraries
7.6%$836 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$427 thousand
  • Libraries$409 thousand
Roads, transit and parking
5.9%$650 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$650 thousand
Interest on debt
5.9%$641 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$562 thousand
  • Interest on water supply debt$79 thousand
Health and hospitals
<0.1%$4 thousand
What's in health and hospitalsPublic health
  • Public health$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Polk City. 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 Polk City 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.