Panama, IA town hall & government
Panama spent $368,000 in the year to June 30, 2022, about $1,786 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Panama's government.
Where Panama's money goes
Where the money comes from
- Fees & charges 28%
- Property taxes 27%
- Utility sales 19%
- From the state 14%
- Sales taxes 10%
- Interest, fines & other 2%
- Other taxes & licenses 1%
Who works for Panama
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.
Harlan Community School District
Panama's K–12 school district, shared with Defiance, Earling, Harlan, Portsmouth and Westphalia. 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 45%
- State 48%
- Federal 7%
Of the $12,751 per pupil, $7,977 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 Panama kids attend, test scores and graduation rate →
What homeowners in Panama 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 Panama's government
Who represents Panama
Panama is represented in Congress by Senators Chuck Grassley and Joni Ernst and Representative Randy Feenstra. 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.