City government · Polk County, OR

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

In the latest recorded fiscal year (ended June 30, 2024), Independence took in $15.8 million and spent $12.6 million.

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

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Where it comes from

Fees for services (water, sewer)34%City taxes31%Fines and other14%State tax money8.6%Federal tax money7.3%County and local tax money5.1%

What stands out

7.3%

of Independence's money comes from federal tax money.A typical U.S. city of 10,000 to 50,000 people gets 1.2%.

City taxes31%

Property tax
25%$3.9 million
Other taxes
6.3%$991 thousand
What's in other taxesPublic utility taxes and occupation and business licenses
  • Public utility taxes$988 thousand
  • Occupation and business licenses$3 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$5.4 million
What's in fees for servicesWater and sewer
  • Water$2.7 million
  • Sewer$2.7 million

Amounts are by Census type of charge.

Federal tax money7.3%

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

From the federal government
7.3%$1.1 million

State tax money8.6%

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

From the state
8.6%$1.4 million

County and local tax money5.1%

Money passed on by the county or other local governments.

From the county and other local governments
5.1%$798 thousand

Fines and other14%

Interest, rents and other
13%$2.1 million
Fines
0.5%$82 thousand

Where it goes

Water, sewer, trash and utilities39%Police, fire, courts and jails28%Interest on debt18%Running the government and other costs6.6%Parks, recreation and libraries6.6%Housing and community development1.4%

What stands out

18%

of Independence's spending goes to interest on debt.A typical U.S. city of 10,000 to 50,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
39%$5.0 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$2.6 million
  • Water supply$2.4 million
Police, fire, courts and jails
28%$3.5 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
  • Police$3.2 million
  • Inspections and regulation$252 thousand
  • Courts and legal services$44 thousand
Interest on debt
18%$2.3 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$2.3 million
  • Interest on water supply debt$39 thousand
Running the government and other costs
6.6%$837 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$547 thousand
  • Finance, tax collection and budgeting$185 thousand
  • Government buildings$105 thousand
Parks, recreation and libraries
6.6%$835 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$519 thousand
  • Parks and recreation$316 thousand
Housing and community development
1.4%$175 thousand
Sources and moreWhere these numbers come from and what they cover

City of Independence. 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 Independence 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.