City government · Hardin County, IA

Steamboat Rock's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Steamboat Rock took in $448 thousand and spent $340 thousand.

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

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Where it comes from

Fees for services (sewer, water)46%City taxes29%State tax money10%County and local tax money7.8%Fines and other5.8%Federal tax money0.9%

What stands out

9.2%

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

City taxes29%

Property tax
18%$82 thousand
Sales tax
9.2%$41 thousand
Other taxes
1.8%$8 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$7 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services46%

Fees for services
46%$206 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$96 thousand
  • Water$49 thousand
  • Garbage collection$48 thousand
  • Other service charges$13 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$4 thousand

State tax money10%

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

From the state
10%$46 thousand

County and local tax money7.8%

Money passed on by the county or other local governments.

From the county and other local governments
7.8%$35 thousand

Fines and other5.8%

Interest, rents and other
5.8%$26 thousand

Where it goes

Water, sewer, trash and utilities40%Parks, recreation and libraries21%Running the government and other costs18%Roads, transit and parking9.1%Police, fire, courts and jails8.8%All other spending3.2%

What stands out

21%

of Steamboat Rock's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
40%$135 thousand
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$55 thousand
  • Garbage and solid waste$41 thousand
  • Water supply$39 thousand
Parks, recreation and libraries
21%$73 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$43 thousand
  • Libraries$30 thousand
Running the government and other costs
18%$60 thousand
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$25 thousand
  • Finance, tax collection and budgeting$21 thousand
  • Government buildings$13 thousand
  • Other government-run businesses$1 thousand
Roads, transit and parking
9.1%$31 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$31 thousand
Police, fire, courts and jails
8.8%$30 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$22 thousand
  • Police$7 thousand
  • Courts and legal services$1 thousand
Sent to other local governments
2.1%$7 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$7 thousand
Interest on debt
1.2%$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Steamboat Rock. 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 Steamboat Rock 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.