City government · Miller County, MO

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

In the latest recorded fiscal year (ended March 31, 2022), Iberia took in $738 thousand and spent $950 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

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Where it comes from

City taxes50%Fees for services (water, sewer)47%State tax money3.0%Fines and other0.4%

What stands out

39%

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

City taxes50%

Sales tax
39%$291 thousand
Other taxes
5.7%$42 thousand
What's in other taxesPublic utility taxes and occupation and business licenses
  • Public utility taxes$41 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Property tax
4.9%$36 thousand

Fees for services47%

Fees for services
47%$344 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$149 thousand
  • Sewer$118 thousand
  • Garbage collection$77 thousand

Amounts are by Census type of charge.

State tax money3.0%

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

From the state
3.0%$22 thousand

Fines and other0.4%

Fines
0.4%$3 thousand

Where it goes

Water, sewer, trash and utilities30%Running the government and other costs24%Police, fire, courts and jails22%Roads, transit and parking11%Health and hospitals8.1%All other spending4.5%

What stands out

8.1%

of Iberia's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
30%$287 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
  • Garbage and solid waste$147 thousand
  • Sewer systems$70 thousand
  • Water supply$70 thousand
Running the government and other costs
24%$227 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$114 thousand
  • Central staff services (personnel, purchasing, technology)$59 thousand
  • Government buildings$30 thousand
  • Other government-run businesses$24 thousand
Police, fire, courts and jails
22%$208 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$131 thousand
  • Courts and legal services$77 thousand
Roads, transit and parking
11%$108 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$108 thousand
Health and hospitals
8.1%$77 thousand
What's in health and hospitalsPublic health
  • Public health$77 thousand
Parks, recreation and libraries
3.4%$32 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$32 thousand
Interest on debt
1.2%$11 thousand
Sources and moreWhere these numbers come from and what they cover

City of Iberia. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of 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.