Town Hall · Waverly

Waverly, IA town hall & government

Waverly spent $107.1 million in the year to June 30, 2024, about $10,176 per resident.

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

Town budget

Where Waverly's money goes

Spent
$107.1 million
fiscal year to June 30, 2024
Per resident
$10,176
typical Iowa cities: $2,814
Long-term debt
$70.1 million
$6,665 per resident
Health & welfare
$81.9 million77%
Parks & libraries
$10.9 million10%
Sewer & trash
$3.3 million3%
Police
$2.5 million2%
Interest on debt
$2.1 million2%
Roads & transportation
$1.7 million2%
Water & other utilities
$1.4 million1%
Administration & buildings
$1.3 million1%
Fire
$485,000<1%
Paid to other governments
$352,000<1%
Courts, inspections & corrections
$127,000<1%
Housing & development
$3,000<1%
Other
$891,0001%

Where the money comes from

  • Fees & charges 78%
  • Property taxes 8%
  • Interest, fines & other 5%
  • From the state 3%
  • Sales taxes 2%
  • Utility sales 2%
  • From the federal government 1%
  • From other local governments 1%
  • Other taxes & licenses <1%
Town workforce

Who works for Waverly

Full-time staff
256
353 part-time too
Average full-time pay
$83,700
a year, before benefits
Sworn police officers
17
full-time, with power of arrest
Health & welfare
183 full-time308 part
Parks & libraries
14 full-time17 part
Police
18 full-time
Sewer & trash
12 full-time8 part
Roads & transportation
12 full-time3 part
Administration & buildings
9 full-time8 part
Fire
0 full-time8 part
Water & other utilities
4 full-time
Housing & development
1 full-time
Other
3 full-time1 part

Staff on the town's payroll in March 2025. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Waverly-Shell Rock Community School District

Waverly's K–12 school district, shared with Shell Rock. It is its own government, with a budget separate from the town's.

Spending per pupil
$12,831
Iowa: $13,713
Students
2,372
in the whole district
Long-term debt
$48.6 million
at year end

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

  • Local 44%
  • State 53%
  • Federal 4%

Of the $12,831 per pupil, $8,545 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 Waverly pay

Typical tax bill
$3,273
a year · Iowa typical $2,897
Effective rate
1.47%
of home value · Iowa 1.39%
Typical home value
$223,300
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.

Local

Contact Waverly's government

🏛️ Official websitecity.waverlyia.com/index.asp ↗

Town hall & decisions in Waverly →

Beyond town hall

Who represents Waverly

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

All of Waverly'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