Town government · Bayfield County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Iron River took in $1.7 million and spent $1.8 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Town taxes53%State tax money17%Fees for services (parks and recreation, garbage collection)13%County and local tax money8.2%Fines and other6.6%Federal tax money3.5%

What stands out

13%

of Iron River's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Town taxes53%

Property tax
51%$874 thousand
Other taxes
1.2%$21 thousand
What's in other taxesOther selective sales taxes and occupation and business licenses
  • Other selective sales taxes$13 thousand
  • Occupation and business licenses$8 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$215 thousand
What's in fees for servicesOther service charges; parks and recreation and 3 more
  • Other service charges$108 thousand
  • Parks and recreation$49 thousand
  • Garbage collection$42 thousand
  • Other government-run businesses$13 thousand
  • Road charges$3 thousand

Amounts are by Census type of charge.

Federal tax money3.5%

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

From the federal government
3.5%$59 thousand

State tax money17%

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

From the state
17%$282 thousand

County and local tax money8.2%

Money passed on by the county or other local governments.

From the county and other local governments
8.2%$139 thousand

Fines and other6.6%

Interest, rents and other
6.2%$105 thousand
Fines
0.5%$8 thousand

Where it goes

Police, fire, courts and jails29%Health and hospitals25%Roads, transit and parking21%Running the government and other costs13%Parks, recreation and libraries7.6%All other spending3.9%

What stands out

25%

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

Spending by category100%

Police, fire, courts and jails
29%$543 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$410 thousand
  • Fire protection$132 thousand
  • Courts and legal services$1 thousand
Health and hospitals
25%$453 thousand
What's in health and hospitalsPublic health
  • Public health$453 thousand
Roads, transit and parking
21%$394 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$394 thousand
Running the government and other costs
13%$241 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 3 more
  • Central staff services (personnel, purchasing, technology)$146 thousand
  • Government buildings$40 thousand
  • Other and not broken out$32 thousand
  • Finance, tax collection and budgeting$17 thousand
  • Other government-run businesses$6 thousand
Parks, recreation and libraries
7.6%$140 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$101 thousand
  • Parks and recreation$39 thousand
Water, sewer, trash and utilities
3.1%$57 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$57 thousand
Interest on debt
0.8%$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Iron River. 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 Town of Iron River 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.