City government · Monona County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Turin took in $32 thousand and spent $25 thousand.

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

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Where it comes from

City taxes50%State tax money22%County and local tax money19%Fees for services (garbage collection)6.3%Fines and other3.1%

What stands out

28%

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

City taxes50%

Sales tax
28%$9 thousand
Property tax
22%$7 thousand

Fees for services6.3%

Fees for services
6.3%$2 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$2 thousand

Amounts are by Census type of charge.

State tax money22%

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

From the state
22%$7 thousand

County and local tax money19%

Money passed on by the county or other local governments.

From the county and other local governments
19%$6 thousand

Fines and other3.1%

Interest, rents and other
3.1%$1 thousand

Where it goes

Running the government and other costs48%Roads, transit and parking28%Water, sewer, trash and utilities20%Parks, recreation and libraries4.0%

What stands out

48%

of Turin's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
48%$12 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$10 thousand
  • Finance, tax collection and budgeting$1 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
Roads, transit and parking
28%$7 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7 thousand
Water, sewer, trash and utilities
20%$5 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$5 thousand
Parks, recreation and libraries
4.0%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Turin. 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 Turin 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.