City government · Bremer County, IA

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

In the latest recorded fiscal year (ended June 30, 2024), Waverly took in $116 million and spent $107 million.

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

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Where it comes from

Fees for services (hospital bills, sewer)80%City taxes10%Fines and other4.9%State tax money3.4%Federal tax money1.2%County and local tax money0.7%

What stands out

80%

of Waverly's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes10%

Property tax
8.2%$9.5 million
Sales tax
1.7%$2.0 million
Other taxes
0.3%$358 thousand
What's in other taxesOther selective sales taxes; public utility taxes and 1 more
  • Other selective sales taxes$225 thousand
  • Public utility taxes$86 thousand
  • Other licenses$47 thousand

Amounts are by Census tax category.

Fees for services80%

Fees for services
80%$92.0 million
What's in fees for servicesHospital bills; sewer and 4 more
  • Hospital bills$85.1 million
  • Sewer$2.7 million
  • Garbage collection$1.9 million
  • Water$1.9 million
  • Parks and recreation$499 thousand
  • Other service charges$3 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$1.4 million

State tax money3.4%

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

From the state
3.4%$3.9 million

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%$824 thousand

Fines and other4.9%

Interest, rents and other
4.8%$5.6 million
Fines
<0.1%$59 thousand

Where it goes

Health and hospitals77%Parks, recreation and libraries10%Water, sewer, trash and utilities4.4%Police, fire, courts and jails2.9%Interest on debt2.0%All other spending4.0%

What stands out

77%

of Waverly's spending goes to health services and hospitals.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Health and hospitals
77%$81.9 million
What's in health and hospitalsHospitals and public health
  • Hospitals$81.9 million
  • Public health$44 thousand
Parks, recreation and libraries
10%$10.9 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$8.8 million
  • Libraries$2.1 million
Water, sewer, trash and utilities
4.4%$4.7 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$1.7 million
  • Sewer systems$1.6 million
  • Water supply$1.4 million
Police, fire, courts and jails
2.9%$3.1 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$2.5 million
  • Fire protection$485 thousand
  • Courts and legal services$126 thousand
  • Inspections and regulation$1 thousand
Interest on debt
2.0%$2.2 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$2.1 million
  • Interest on water supply debt$36 thousand
Running the government and other costs
2.0%$2.2 million
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$912 thousand
  • Other and not broken out$739 thousand
  • Central staff services (personnel, purchasing, technology)$369 thousand
  • Other government-run businesses$152 thousand
Roads, transit and parking
1.6%$1.7 million
What's in roads, transit and parkingRoads and highways; airports and 1 more
  • Roads and highways$1.6 million
  • Airports$89 thousand
  • Public transit$10 thousand
Sent to other local governments
0.3%$352 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$352 thousand
Housing and community development
<0.1%$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Waverly. 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 Waverly 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.