City government · Mills County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Silver City took in $494 thousand and spent $438 thousand.

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

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Where it comes from

Fees for services (water, sewer)45%City taxes26%County and local tax money10%Fines and other9.1%State tax money5.9%Federal tax money3.6%

What stands out

10%

of Silver City's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes26%

Property tax
20%$97 thousand
Sales tax
6.1%$30 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$223 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$93 thousand
  • Water$73 thousand
  • Sewer$57 thousand

Amounts are by Census type of charge.

Federal tax money3.6%

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

From the federal government
3.6%$18 thousand

State tax money5.9%

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

From the state
5.9%$29 thousand

County and local tax money10%

Money passed on by the county or other local governments.

From the county and other local governments
10%$51 thousand

Fines and other9.1%

Interest, rents and other
9.1%$45 thousand

Where it goes

Water, sewer, trash and utilities36%Police, fire, courts and jails16%Running the government and other costs14%Health and hospitals14%Parks, recreation and libraries14%All other spending6.6%

What stands out

14%

of Silver City's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
36%$156 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$88 thousand
  • Sewer systems$68 thousand
Police, fire, courts and jails
16%$69 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$53 thousand
  • Courts and legal services$11 thousand
  • Police$5 thousand
Running the government and other costs
14%$63 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 2 more
  • Finance, tax collection and budgeting$42 thousand
  • Government buildings$13 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
  • Other and not broken out$3 thousand
Health and hospitals
14%$61 thousand
What's in health and hospitalsPublic health
  • Public health$61 thousand
Parks, recreation and libraries
14%$60 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$38 thousand
  • Libraries$22 thousand
Interest on debt
3.2%$14 thousand
Sent to other local governments
2.1%$9 thousand
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$9 thousand
Roads, transit and parking
1.4%$6 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Silver City. 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 Silver 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.