Town government · Calcasieu Parish, LA

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

In the latest recorded fiscal year (ended June 30, 2024), Iowa took in $5.6 million and spent $4.0 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes64%Fees for services (sewer, water)25%Fines and other11%County and local tax money0.3%

What stands out

46%

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

Town taxes64%

Sales tax
46%$2.6 million
Other taxes
13%$749 thousand
What's in other taxesPublic utility taxes; occupation and business licenses and 2 more
  • Public utility taxes$278 thousand
  • Occupation and business licenses$268 thousand
  • Other selective sales taxes$192 thousand
  • Alcoholic beverage taxes$11 thousand

Amounts are by Census tax category.

Property tax
4.8%$269 thousand

Fees for services25%

Fees for services
25%$1.4 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$509 thousand
  • Water$413 thousand
  • Garbage collection$369 thousand
  • Other service charges$89 thousand

Amounts are by Census type of charge.

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$17 thousand

Fines and other11%

Fines
9.8%$550 thousand
Interest, rents and other
0.8%$43 thousand

Where it goes

Police, fire, courts and jails49%Water, sewer, trash and utilities26%Roads, transit and parking15%Running the government and other costs6.3%Parks, recreation and libraries4.1%

What stands out

49%

of Iowa'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%

Police, fire, courts and jails
49%$1.9 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.4 million
  • Fire protection$313 thousand
  • Courts and legal services$265 thousand
Water, sewer, trash and utilities
26%$1.0 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$413 thousand
  • Garbage and solid waste$314 thousand
  • Sewer systems$286 thousand
Roads, transit and parking
15%$575 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$575 thousand
Running the government and other costs
6.3%$249 thousand
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$114 thousand
  • Other and not broken out$71 thousand
  • Central staff services (personnel, purchasing, technology)$34 thousand
  • Government buildings$30 thousand
Parks, recreation and libraries
4.1%$163 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$163 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Iowa. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of Town of Iowa 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.