City government · Poweshiek County, IA
Searsboro's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Searsboro took in $101 thousand and spent $88 thousand.
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Where it comes from
What stands out
of Searsboro's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.
City taxes56%
What's in other taxesPublic utility taxes
- Public utility taxes$1 thousand
Amounts are by Census tax category.
Fees for services14%
What's in fees for servicesSewer
- Sewer$14 thousand
Amounts are by Census type of charge.
Federal tax money11%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money17%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.0%
Where it goes
What stands out
of Searsboro's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.
Spending by category100%
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
- Finance, tax collection and budgeting$17 thousand
- Other and not broken out$16 thousand
- Government buildings$14 thousand
- Central staff services (personnel, purchasing, technology)$3 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
- Sewer systems$17 thousand
- Garbage and solid waste$5 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$12 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
- Police$2 thousand
- Courts and legal services$1 thousand
What's in health and hospitalsPublic health
- Public health$1 thousand
Sources and moreWhere these numbers come from and what they cover
City of Searsboro. 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 Searsboro 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.