FY 18 Annual Report

2018

ANNUAL FINANCIAL SUMMARY CITY OF SPENCER, IOWA

1.1235 WHERE IT GOES - CITY PROPERTY TAX DOLLARS For each $1,000 of valuation during FY 2017/18, the City received $11.9917. This money funds the following services: GENERAL GOVERNMENT Administration, City Hall Maintenance, Publication Expenses, Legal, Mayor/Council 9.37%

PUBLIC WORKS

-

0.00%

Street Equipment Repairs

PUBLIC SAFETY

4.6126

38.47%

Police, Fire, Communication Center, Animal Control

CULTURE / RECREATION

2.3638

19.71%

Library, Parks, Campground, Aquatic Center, Band, Cemeteries, Playground

PROPERTY INSURANCE

0.2799

2.33%

DEBT SERVICE SPECIAL REVENUE

1.0800

9.01%

2.5318

21.11%

Employee Pension, Insurance Benefits

TOTAL

$

11.9916

100.00%

SPECIAL REVENUE, 21.11%

GENERAL GOVERNMENT 9.37%

DEBT SERVICE, 9.01%

PUBLIC WORKS, 0.00%

PROPERTY INSURANCE 2.33%

PUBLIC SAFETY, 38.47%

CULTURE / RECREATION 19.71%

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