City government · Iberia Parish, LA

New Iberia's money: where it comes from and where it goes

In the latest recorded fiscal year (ended October 31, 2023), New Iberia took in $45.9 million and spent $53.8 million.

Latest recorded year: ended October 31, 2023Comes fromGoes to

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Where it comes from

City taxes61%Fees for services (sewer, parks and recreation)13%Federal tax money11%Fines and other6.0%County and local tax money5.7%State tax money3.9%

What stands out

47%

of New Iberia's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes61%

Sales tax
47%$21.8 million
Property tax
10%$4.6 million
Other taxes
3.7%$1.7 million
What's in other taxesOccupation and business licenses; alcoholic beverage licenses and 2 more
  • Occupation and business licenses$1.6 million
  • Alcoholic beverage licenses$53 thousand
  • Alcoholic beverage taxes$46 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$5.8 million
What's in fees for servicesSewer; parks and recreation and 1 more
  • Sewer$4.8 million
  • Parks and recreation$814 thousand
  • Housing$209 thousand

Amounts are by Census type of charge.

Federal tax money11%

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

From the federal government
11%$4.9 million

State tax money3.9%

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

From the state
3.9%$1.8 million

County and local tax money5.7%

Money passed on by the county or other local governments.

From the county and other local governments
5.7%$2.6 million

Fines and other6.0%

Interest, rents and other
4.9%$2.3 million
Fines
1.1%$507 thousand

Where it goes

Police, fire, courts and jails31%Running the government and other costs26%Water, sewer, trash and utilities20%Roads, transit and parking13%Social services3.1%All other spending6.5%

What stands out

3.1%

of New Iberia's spending goes to social services.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
31%$16.5 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$8.9 million
  • Fire protection$5.6 million
  • Courts and legal services$1.6 million
  • Inspections and regulation$408 thousand
Running the government and other costs
26%$14.1 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$10.9 million
  • Central staff services (personnel, purchasing, technology)$1.3 million
  • Finance, tax collection and budgeting$995 thousand
  • Government buildings$872 thousand
Water, sewer, trash and utilities
20%$10.9 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$6.6 million
  • Garbage and solid waste$4.3 million
Roads, transit and parking
13%$7.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7.2 million
Social services
3.1%$1.7 million
What's in social servicesOther public welfare
  • Other public welfare$1.7 million
Parks, recreation and libraries
3.0%$1.6 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.6 million
Housing and community development
1.8%$950 thousand
Interest on debt
1.7%$935 thousand
Sent to other local governments
<0.1%$3 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$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of New Iberia. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended October 31, 2023.

What this covers. The money of City of New Iberia 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.