Town government · McDowell County, WV

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

In the latest recorded fiscal year (ended June 30, 2022), Iaeger took in $283 thousand and spent $231 thousand.

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

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Where it comes from

Town taxes60%Federal tax money19%Fees for services (garbage collection)11%Fines and other5.7%State tax money4.6%

What stands out

38%

of Iaeger's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Town taxes60%

Other taxes
38%$108 thousand
What's in other taxesOccupation and business licenses and public utility taxes
  • Occupation and business licenses$63 thousand
  • Public utility taxes$45 thousand

Amounts are by Census tax category.

Property tax
22%$61 thousand

Fees for services11%

Fees for services
11%$32 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$32 thousand

Amounts are by Census type of charge.

Federal tax money19%

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

From the federal government
19%$53 thousand

State tax money4.6%

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

From the state
4.6%$13 thousand

Fines and other5.7%

Interest, rents and other
4.9%$14 thousand
Fines
0.7%$2 thousand

Where it goes

Running the government and other costs41%Water, sewer, trash and utilities38%Police, fire, courts and jails12%Parks, recreation and libraries9.5%

What stands out

41%

of Iaeger's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
41%$94 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$44 thousand
  • Government buildings$34 thousand
  • Other and not broken out$16 thousand
Water, sewer, trash and utilities
38%$87 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$87 thousand
Police, fire, courts and jails
12%$28 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$25 thousand
  • Courts and legal services$3 thousand
Parks, recreation and libraries
9.5%$22 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$22 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Iaeger. 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 Iaeger 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.