City government · Henry County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Rome took in $127 thousand and spent $115 thousand.

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

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Where it comes from

Fees for services (water, sewer)54%City taxes17%Fines and other13%State tax money8.7%Federal tax money7.1%

What stands out

8.7%

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

City taxes17%

Property tax
8.7%$11 thousand
Sales tax
8.7%$11 thousand

Fees for services54%

Fees for services
54%$68 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$36 thousand
  • Sewer$22 thousand
  • Garbage collection$10 thousand

Amounts are by Census type of charge.

Federal tax money7.1%

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

From the federal government
7.1%$9 thousand

State tax money8.7%

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

From the state
8.7%$11 thousand

Fines and other13%

Interest, rents and other
13%$17 thousand

Where it goes

Water, sewer, trash and utilities47%Running the government and other costs32%Roads, transit and parking17%Interest on debt2.6%Police, fire, courts and jails0.9%

What stands out

0.9%

of Rome's 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%

Water, sewer, trash and utilities
47%$54 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$33 thousand
  • Garbage and solid waste$11 thousand
  • Sewer systems$10 thousand
Running the government and other costs
32%$37 thousand
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$17 thousand
  • Government buildings$11 thousand
  • Finance, tax collection and budgeting$6 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Roads, transit and parking
17%$20 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$20 thousand
Interest on debt
2.6%$3 thousand
Police, fire, courts and jails
0.9%$1 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Rome. 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 Rome 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.