City government · Keokuk County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Thornburg took in $31 thousand and spent $59 thousand.

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

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Where it comes from

State tax money52%City taxes39%Fees for services (garbage collection)9.7%

What stands out

52%

of Thornburg's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes39%

Property tax
23%$7 thousand
Sales tax
13%$4 thousand
Other taxes
3.2%$1 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$1 thousand

Amounts are by Census tax category.

Fees for services9.7%

Fees for services
9.7%$3 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$3 thousand

Amounts are by Census type of charge.

State tax money52%

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

From the state
52%$16 thousand

Where it goes

Roads, transit and parking47%Running the government and other costs42%Police, fire, courts and jails5.1%Water, sewer, trash and utilities5.1%

What stands out

47%

of Thornburg's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
47%$28 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$28 thousand
Running the government and other costs
42%$25 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$12 thousand
  • Finance, tax collection and budgeting$6 thousand
  • Other and not broken out$5 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Police, fire, courts and jails
5.1%$3 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$2 thousand
  • Courts and legal services$1 thousand
Water, sewer, trash and utilities
5.1%$3 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Thornburg. 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 Thornburg 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.