City government · Tama County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Traer took in $6.7 million and spent $6.1 million.

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

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Where it comes from

Fees for services (electric power, gas)70%City taxes19%Fines and other5.1%State tax money3.3%Federal tax money2.2%County and local tax money0.7%

What stands out

70%

of Traer'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 taxes19%

Property tax
16%$1.1 million
Sales tax
2.9%$193 thousand
Other taxes
0.1%$9 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$7 thousand
  • Public utility taxes$2 thousand

Amounts are by Census tax category.

Fees for services70%

Fees for services
70%$4.7 million
What's in fees for servicesElectric power; gas and 7 more
  • Electric power$2.2 million
  • Gas$1.2 million
  • Water$414 thousand
  • Sewer$285 thousand
  • Other government-run businesses$183 thousand
  • Garbage collection$173 thousand
  • Other service charges$140 thousand
  • Parks and recreation$34 thousand
  • Airport$7 thousand

Amounts are by Census type of charge.

Federal tax money2.2%

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

From the federal government
2.2%$145 thousand

State tax money3.3%

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

From the state
3.3%$222 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$50 thousand

Fines and other5.1%

Interest, rents and other
5.1%$341 thousand

Where it goes

Water, sewer, trash and utilities58%Roads, transit and parking19%Running the government and other costs6.8%Parks, recreation and libraries6.8%Health and hospitals6.7%All other spending3.3%

What stands out

6.7%

of Traer'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
58%$3.5 million
What's in water, sewer, trash and utilitiesElectric power; gas supply and 3 more
  • Electric power$1.7 million
  • Gas supply$1.1 million
  • Water supply$306 thousand
  • Sewer systems$216 thousand
  • Garbage and solid waste$177 thousand
Roads, transit and parking
19%$1.1 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$1.1 million
  • Airports$4 thousand
Running the government and other costs
6.8%$413 thousand
What's in running the government and other costsOther and not broken out; other government-run businesses and 3 more
  • Other and not broken out$170 thousand
  • Other government-run businesses$109 thousand
  • Finance, tax collection and budgeting$108 thousand
  • Government buildings$18 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
Parks, recreation and libraries
6.8%$412 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$227 thousand
  • Libraries$185 thousand
Health and hospitals
6.7%$404 thousand
What's in health and hospitalsPublic health
  • Public health$404 thousand
Police, fire, courts and jails
3.2%$196 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$125 thousand
  • Fire protection$67 thousand
  • Courts and legal services$4 thousand
Interest on debt
<0.1%$3 thousand
What's in interest on debtInterest on general debt and interest on gas supply debt
  • Interest on general debt$2 thousand
  • Interest on gas supply debt$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Traer. 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 Traer 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.