City government · Edmunds County, SD
Ipswich's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Ipswich took in $1.6 million and spent $1.7 million.
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Where it comes from
What stands out
of Ipswich's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.
City taxes63%
What's in other taxesMotor vehicle licenses and alcoholic beverage licenses
- Motor vehicle licenses$23 thousand
- Alcoholic beverage licenses$4 thousand
Amounts are by Census tax category.
Fees for services26%
What's in fees for servicesWater; sewer and 2 more
- Water$277 thousand
- Sewer$76 thousand
- Garbage collection$62 thousand
- Parks and recreation$2 thousand
Amounts are by Census type of charge.
Federal tax money9.0%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money0.9%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other0.9%
Where it goes
What stands out
of Ipswich's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.
Spending by category100%
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$327 thousand
- Sewer systems$220 thousand
- Garbage and solid waste$57 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$367 thousand
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$206 thousand
- Libraries$34 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
- Finance, tax collection and budgeting$128 thousand
- Central staff services (personnel, purchasing, technology)$28 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$104 thousand
- Interest on water supply debt$52 thousand
What's in police, fire, courts and jailsFire protection; police and 2 more
- Fire protection$133 thousand
- Police$3 thousand
- Courts and legal services$1 thousand
- Inspections and regulation$1 thousand
What's in health and hospitalsPublic health
- Public health$6 thousand
Sources and moreWhere these numbers come from and what they cover
City of Ipswich. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of City of Ipswich 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.