City government · Van Buren County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Stockport took in $281 thousand and spent $643 thousand.

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

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Where it comes from

Fees for services (water, sewer)41%City taxes28%Fines and other8.9%State tax money7.8%Federal tax money7.5%County and local tax money7.5%

What stands out

10%

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

City taxes28%

Property tax
17%$49 thousand
Sales tax
10%$29 thousand

Fees for services41%

Fees for services
41%$114 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$47 thousand
  • Sewer$41 thousand
  • Garbage collection$26 thousand

Amounts are by Census type of charge.

Federal tax money7.5%

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

From the federal government
7.5%$21 thousand

State tax money7.8%

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

From the state
7.8%$22 thousand

County and local tax money7.5%

Money passed on by the county or other local governments.

From the county and other local governments
7.5%$21 thousand

Fines and other8.9%

Interest, rents and other
8.9%$25 thousand

Where it goes

Water, sewer, trash and utilities76%Running the government and other costs10%Roads, transit and parking6.4%Police, fire, courts and jails3.9%Sent to other local governments2.3%All other spending1.9%

What stands out

76%

of Stockport's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
76%$486 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$404 thousand
  • Water supply$58 thousand
  • Garbage and solid waste$24 thousand
Running the government and other costs
10%$64 thousand
What's in running the government and other costsGovernment buildings; other and not broken out and 2 more
  • Government buildings$29 thousand
  • Other and not broken out$19 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
  • Finance, tax collection and budgeting$5 thousand
Roads, transit and parking
6.4%$41 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$41 thousand
Police, fire, courts and jails
3.9%$25 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$15 thousand
  • Fire protection$6 thousand
  • Courts and legal services$4 thousand
Sent to other local governments
2.3%$15 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$15 thousand
Parks, recreation and libraries
1.4%$9 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$7 thousand
  • Parks and recreation$2 thousand
Interest on debt
0.5%$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Stockport. 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 Stockport 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.