City government · Winnebago County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Thompson took in $725 thousand and spent $1.1 million.

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

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Where it comes from

Fees for services (water, sewer)38%City taxes38%State tax money16%County and local tax money9.1%

What stands out

10%

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

City taxes38%

Property tax
28%$200 thousand
Sales tax
9.8%$71 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 services38%

Fees for services
38%$274 thousand
What's in fees for servicesWater; sewer and 4 more
  • Water$139 thousand
  • Sewer$76 thousand
  • Garbage collection$48 thousand
  • Other service charges$8 thousand
  • Parks and recreation$2 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

State tax money16%

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

From the state
16%$113 thousand

County and local tax money9.1%

Money passed on by the county or other local governments.

From the county and other local governments
9.1%$66 thousand

Where it goes

Water, sewer, trash and utilities68%Roads, transit and parking11%Running the government and other costs9.1%Police, fire, courts and jails6.2%Parks, recreation and libraries4.7%All other spending1.8%

What stands out

68%

of Thompson'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
68%$733 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$642 thousand
  • Sewer systems$52 thousand
  • Garbage and solid waste$39 thousand
Roads, transit and parking
11%$114 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$114 thousand
Running the government and other costs
9.1%$99 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 3 more
  • Finance, tax collection and budgeting$52 thousand
  • Other and not broken out$31 thousand
  • Government buildings$14 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
  • Other government-run businesses$1 thousand
Police, fire, courts and jails
6.2%$67 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$35 thousand
  • Fire protection$31 thousand
  • Courts and legal services$1 thousand
Parks, recreation and libraries
4.7%$51 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$30 thousand
  • Parks and recreation$21 thousand
Interest on debt
1.8%$19 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$12 thousand
  • Interest on general debt$7 thousand
Health and hospitals
<0.1%$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 Thompson. 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 Thompson 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.