City government · Scott County, IA

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

In the latest recorded fiscal year (ended June 30, 2022), Walcott took in $3.3 million and spent $2.6 million.

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

See every government that serves your ZIP

Where it comes from

City taxes50%Fees for services (sewer, water)32%State tax money12%Fines and other6.4%

What stands out

10%

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

City taxes50%

Property tax
34%$1.1 million
Sales tax
10%$343 thousand
Other taxes
5.3%$177 thousand
What's in other taxesOther selective sales taxes; other licenses and 1 more
  • Other selective sales taxes$127 thousand
  • Other licenses$34 thousand
  • Public utility taxes$16 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$1.1 million
What's in fees for servicesSewer; water and 4 more
  • Sewer$522 thousand
  • Water$378 thousand
  • Garbage collection$88 thousand
  • Other service charges$64 thousand
  • Parks and recreation$7 thousand
  • Road charges$1 thousand

Amounts are by Census type of charge.

State tax money12%

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

From the state
12%$392 thousand

Fines and other6.4%

Interest, rents and other
6.4%$212 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities29%Police, fire, courts and jails25%Roads, transit and parking16%Running the government and other costs14%Parks, recreation and libraries13%All other spending2.6%

What stands out

13%

of Walcott's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
29%$760 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$379 thousand
  • Water supply$292 thousand
  • Garbage and solid waste$89 thousand
Police, fire, courts and jails
25%$666 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$370 thousand
  • Fire protection$149 thousand
  • Inspections and regulation$116 thousand
  • Courts and legal services$31 thousand
Roads, transit and parking
16%$419 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$419 thousand
Running the government and other costs
14%$358 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$120 thousand
  • Finance, tax collection and budgeting$98 thousand
  • Government buildings$81 thousand
  • Central staff services (personnel, purchasing, technology)$59 thousand
Parks, recreation and libraries
13%$342 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$277 thousand
  • Libraries$65 thousand
Sent to other local governments
2.5%$65 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$65 thousand
Health and hospitals
<0.1%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Walcott. 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 Walcott 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.