City government · Benton County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Vinton took in $15.3 million and spent $14.9 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (electric power, garbage collection)69%City taxes22%State tax money4.6%Fines and other3.9%Federal tax money0.5%

What stands out

69%

of Vinton'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 taxes22%

Property tax
16%$2.5 million
Sales tax
3.8%$585 thousand
Other taxes
2.5%$380 thousand
What's in other taxesPublic utility taxes and other selective sales taxes
  • Public utility taxes$347 thousand
  • Other selective sales taxes$33 thousand

Amounts are by Census tax category.

Fees for services69%

Fees for services
69%$10.5 million
What's in fees for servicesElectric power; other government-run businesses and 5 more
  • Electric power$6.4 million
  • Other government-run businesses$1.4 million
  • Garbage collection$994 thousand
  • Water$797 thousand
  • Sewer$682 thousand
  • Airport$221 thousand
  • Other service charges$6 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$84 thousand

State tax money4.6%

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

From the state
4.6%$698 thousand

Fines and other3.9%

Interest, rents and other
3.9%$600 thousand

Where it goes

Water, sewer, trash and utilities68%Running the government and other costs16%Police, fire, courts and jails10%Parks, recreation and libraries4.7%Roads, transit and parking1.6%

What stands out

68%

of Vinton'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%$10.1 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$6.7 million
  • Sewer systems$2.0 million
  • Water supply$748 thousand
  • Garbage and solid waste$634 thousand
Running the government and other costs
16%$2.3 million
What's in running the government and other costsOther government-run businesses and other and not broken out
  • Other government-run businesses$2.3 million
  • Other and not broken out$25 thousand
Police, fire, courts and jails
10%$1.5 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.3 million
  • Fire protection$92 thousand
  • Inspections and regulation$88 thousand
  • Courts and legal services$51 thousand
Parks, recreation and libraries
4.7%$700 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$700 thousand
Roads, transit and parking
1.6%$237 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$237 thousand
Sources and moreWhere these numbers come from and what they cover

City of Vinton. 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 Vinton 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.