Town Hall · Bancroft

Bancroft, IA town hall & government

Bancroft spent $1.1 million in the year to June 30, 2024, about $1,625 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Bancroft's government.

Town budget

Where Bancroft's money goes

Spent
$1.1 million
fiscal year to June 30, 2024
Per resident
$1,625
typical Iowa cities: $2,814
Long-term debt
$3.5 million
$5,117 per resident
Parks & libraries
$214,00019%
Water & other utilities
$166,00015%
Roads & transportation
$134,00012%
Sewer & trash
$96,0009%
Paid to other governments
$85,0008%
Health & welfare
$74,0007%
Police
$74,0007%
Interest on debt
$69,0006%
Administration & buildings
$45,0004%
Housing & development
$20,0002%
Fire
$18,0002%
Courts, inspections & corrections
$16,0001%
Other
$97,0009%

Where the money comes from

  • Utility sales 61%
  • Property taxes 14%
  • Fees & charges 8%
  • Sales taxes 6%
  • From other local governments 4%
  • Interest, fines & other 3%
  • From the state 3%
  • From the federal government 2%
  • Other taxes & licenses <1%
Town workforce

Who works for Bancroft

Full-time staff
11
10 part-time too
Average full-time pay
$51,800
a year, before benefits
Sworn police officers
1
full-time, with power of arrest
Water & other utilities
6 full-time2 part
Administration & buildings
1 full-time6 part
Parks & libraries
2 full-time
Roads & transportation
1 full-time
Police
1 full-time
Health & welfare
0 full-time1 part
Sewer & trash
0 full-time1 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

North Kossuth Community School District

Bancroft's elementary school district, shared with Ledyard and Swea City. It is its own government, with a budget separate from the town's.

Spending per pupil
$15,755
Iowa: $13,713
Students
265
in the whole district
Long-term debt
$106,000
at year end

Where the district's money comes from Iowa districts overall: 43% local, 49% state, 8% federal

  • Local 71%
  • State 23%
  • Federal 7%

Of the $15,755 per pupil, $10,434 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Bancroft pay

Typical tax bill
$1,327
a year · Iowa typical $2,897
Effective rate
1.10%
of home value · Iowa 1.39%
Typical home value
$120,700
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Bancroft's government

Town hall & decisions in Bancroft →

Beyond town hall

Who represents Bancroft

Bancroft is represented in Congress by Senators Chuck Grassley and Joni Ernst and Representative Randy Feenstra. Kim Reynolds is governor.

All of Bancroft's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01