City government · Hamilton County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Stratford took in $1.9 million and spent $1.6 million.

Latest recorded year: ended June 30, 2024Comes from Goes to

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Where it comes from

Fees for services (electric power, water)61%City taxes25%State tax money5.6%Fines and other5.4%County and local tax money2.4%

What stands out

61%

of Stratford's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes25%

Property tax

20%$375 thousand

Sales tax

5.1%$94 thousand

Other taxes

<0.1%$1 thousand

What's in other taxesOther licenses

Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services61%

Fees for services

61%$1.1 million

What's in fees for servicesElectric power; water and 4 more

Electric power$637 thousand
Water$201 thousand
Sewer$125 thousand
Garbage collection$112 thousand
Other service charges$56 thousand
Parks and recreation$10 thousand

Amounts are by Census type of charge.

State tax money5.6%

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

From the state

5.6%$104 thousand

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments

2.4%$45 thousand

Fines and other5.4%

Interest, rents and other

5.4%$100 thousand

Where it goes

Water, sewer, trash and utilities62%Health and hospitals8.3%Parks, recreation and libraries8.1%Sent to other local governments6.1%Running the government and other costs5.2%All other spending9.8%

What stands out

8.3%

of Stratford'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

62%$1.0 million

What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more

Electric power$523 thousand
Water supply$300 thousand
Garbage and solid waste$104 thousand
Sewer systems$83 thousand

Health and hospitals

8.3%$135 thousand

What's in health and hospitalsPublic health

Public health$135 thousand

Parks, recreation and libraries

8.1%$131 thousand

What's in parks, recreation and librariesParks and recreation and libraries

Parks and recreation$70 thousand
Libraries$61 thousand

Sent to other local governments

6.1%$98 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$98 thousand

Running the government and other costs

5.2%$84 thousand

What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 3 more

Finance, tax collection and budgeting$32 thousand
Government buildings$27 thousand
Other and not broken out$16 thousand
Other government-run businesses$5 thousand
Central staff services (personnel, purchasing, technology)$4 thousand

Police, fire, courts and jails

4.9%$79 thousand

What's in police, fire, courts and jailsFire protection

Fire protection$79 thousand

Roads, transit and parking

3.5%$56 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$56 thousand

Interest on debt

1.5%$24 thousand

What's in interest on debtInterest on water supply debt and interest on general debt

Interest on water supply debt$16 thousand
Interest on general debt$8 thousand

Sources and moreWhere these numbers come from and what they cover

City of Stratford. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Stratford 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.