Town Hall · Keystone

Keystone, IA town hall & government

Keystone spent $777,000 in the year to June 30, 2022, about $1,263 per resident.

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

Town budget

Where Keystone's money goes

Spent
$777,000
fiscal year to June 30, 2022
Per resident
$1,263
typical Iowa cities: $2,249
Long-term debt
$1.9 million
$3,115 per resident
Sewer & trash
$252,00032%
Roads & transportation
$140,00018%
Parks & libraries
$130,00017%
Water & other utilities
$108,00014%
Interest on debt
$53,0007%
Fire
$23,0003%
Administration & buildings
$19,0002%
Police
$11,0001%
Paid to other governments
$11,0001%
Health & welfare
$7,0001%
Courts, inspections & corrections
$1,000<1%
Other
$22,0003%

Where the money comes from

  • Fees & charges 32%
  • Property taxes 27%
  • Utility sales 13%
  • From the state 11%
  • Sales taxes 8%
  • Interest, fines & other 7%
  • From the federal government 2%
  • From other local governments 1%
  • Other taxes & licenses <1%
Town workforce

Who works for Keystone

Full-time staff
2
5 part-time too
Average full-time pay
$64,100
a year, before benefits
Parks & libraries
0 full-time3 part
Sewer & trash
1 full-time
Water & other utilities
1 full-time
Administration & buildings
0 full-time1 part
Other
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

Benton Community School District

Keystone's K–12 school district, shared with Atkins, Blairstown, Elberon, Newhall, Norway and Van Horne. It is its own government, with a budget separate from the town's.

Spending per pupil
$11,211
Iowa: $13,713
Students
1,640
in the whole district
Long-term debt
$4.2 million
at year end

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

  • Local 42%
  • State 54%
  • Federal 4%

Of the $11,211 per pupil, $6,595 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 Keystone pay

Typical tax bill
$1,617
a year · Iowa typical $2,897
Effective rate
1.09%
of home value · Iowa 1.39%
Typical home value
$148,400
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 Keystone's government

Town hall & decisions in Keystone →

Beyond town hall

Who represents Keystone

Keystone is represented in Congress by Senators Chuck Grassley and Joni Ernst and Representative Ashley Hinson. Kim Reynolds is governor.

All of Keystone'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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