Olds, IA town hall & government
Olds spent $243,000 in the year to June 30, 2022, about $1,095 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Olds's government.
Where Olds's money goes
Where the money comes from
- Utility sales 28%
- Fees & charges 28%
- Property taxes 18%
- From the state 10%
- Sales taxes 9%
- From the federal government 6%
- Interest, fines & other 2%
Who works for Olds
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.
WACO Community School District
Olds's K–12 school district, shared with Coppock, Crawfordsville and Wayland. It is its own government, with a budget separate from the town's.
Where the district's money comes from Iowa districts overall: 43% local, 49% state, 8% federal
- Local 43%
- State 52%
- Federal 5%
Of the $12,367 per pupil, $8,464 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.
Which schools Olds kids attend, test scores and graduation rate →
What homeowners in Olds pay
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.
Contact Olds's government
Who represents Olds
Olds is represented in Congress by Senators Chuck Grassley and Joni Ernst and Representative Mariannette Miller-Meeks. Kim Reynolds is governor.
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.