Town government · Acadia Parish, LA
Iota's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Iota took in $1.1 million and spent $378 thousand.
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Where it comes from
What stands out
of Iota's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.
Town taxes40%
What's in other taxesOccupation and business licenses and alcoholic beverage licenses
- Occupation and business licenses$17 thousand
- Alcoholic beverage licenses$1 thousand
Amounts are by Census tax category.
Fees for services53%
What's in fees for servicesWater; sewer and 1 more
- Water$260 thousand
- Sewer$183 thousand
- Gas$157 thousand
Amounts are by Census type of charge.
State tax money5.4%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other2.0%
Where it goes
What stands out
of Iota's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.
Spending by category100%
What's in water, sewer, trash and utilitiesWater supply and sewer systems
- Water supply$124 thousand
- Sewer systems$79 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
- Police$138 thousand
- Courts and legal services$8 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$29 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Iota. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Town of Iota 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.