Town Hall · Olin

Olin, IA town hall & government

Olin spent $991,000 in the year to June 30, 2022, about $1,451 per resident.

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

Town budget

Where Olin's money goes

Spent
$991,000
fiscal year to June 30, 2022
Per resident
$1,451
typical Iowa cities: $2,249
Long-term debt
$3.7 million
$5,400 per resident
Water & other utilities
$132,00013%
Sewer & trash
$121,00012%
Roads & transportation
$101,00010%
Interest on debt
$66,0007%
Parks & libraries
$44,0004%
Police
$35,0004%
Administration & buildings
$30,0003%
Fire
$22,0002%
Health & welfare
$12,0001%
Other
$428,00043%

Where the money comes from

  • Fees & charges 29%
  • Property taxes 21%
  • Utility sales 13%
  • From the state 13%
  • Sales taxes 11%
  • From the federal government 8%
  • From other local governments 3%
  • Interest, fines & other 1%
  • Other taxes & licenses <1%
Town workforce

Who works for Olin

Full-time staff
3
7 part-time too
Average full-time pay
$22,000
a year, before benefits
Administration & buildings
1 full-time6 part
Roads & transportation
1 full-time
Water & other utilities
1 full-time
Parks & libraries
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

Olin Consolidated School District

Olin's elementary school district. It is its own government, with a budget separate from the town's.

Spending per pupil
$26,675
Iowa: $13,713
Students
77
in the whole district
Long-term debt
None
at year end

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

  • Local 42%
  • State 51%
  • Federal 7%

Of the $26,675 per pupil, $13,312 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 Olin pay

Typical tax bill
$1,345
a year · Iowa typical $2,897
Effective rate
1.24%
of home value · Iowa 1.39%
Typical home value
$108,500
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 Olin's government

Town hall & decisions in Olin →

Beyond town hall

Who represents Olin

Olin is represented in Congress by Senators Chuck Grassley and Joni Ernst and Representative Mariannette Miller-Meeks. Kim Reynolds is governor.

All of Olin'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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Olin

Iowa · IA
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