Town government · Alleghany County, VA

Iron Gate's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Iron Gate took in $373 thousand and spent $336 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)73%Town taxes21%County and local tax money3.8%Fines and other1.9%

What stands out

73%

of Iron Gate's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes21%

Other taxes
11%$41 thousand
What's in other taxesPublic utility taxes; motor vehicle licenses and 4 more
  • Public utility taxes$21 thousand
  • Motor vehicle licenses$6 thousand
  • Other selective sales taxes$5 thousand
  • Tobacco taxes$4 thousand
  • Occupation and business licenses$3 thousand
  • Public utility licenses$2 thousand

Amounts are by Census tax category.

Property tax
9.9%$37 thousand

Fees for services73%

Fees for services
73%$274 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$184 thousand
  • Water$76 thousand
  • Garbage collection$12 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

County and local tax money3.8%

Money passed on by the county or other local governments.

From the county and other local governments
3.8%$14 thousand

Fines and other1.9%

Interest, rents and other
1.3%$5 thousand
Fines
0.5%$2 thousand

Where it goes

Water, sewer, trash and utilities69%Running the government and other costs28%Police, fire, courts and jails2.7%Interest on debt0.9%

What stands out

69%

of Iron Gate's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
69%$231 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$199 thousand
  • Water supply$32 thousand
Running the government and other costs
28%$93 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)$52 thousand
  • Finance, tax collection and budgeting$26 thousand
  • Other and not broken out$15 thousand
Police, fire, courts and jails
2.7%$9 thousand
What's in police, fire, courts and jailsCourts and legal services and police
  • Courts and legal services$5 thousand
  • Police$4 thousand
Interest on debt
0.9%$3 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Iron Gate. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Iron Gate 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.