City government · Menominee County, MI

Stephenson's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Stephenson took in $1.9 million and spent $1.9 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)70%State tax money17%City taxes9.8%Fines and other3.3%Federal tax money0.1%

What stands out

70%

of Stephenson's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes9.8%

Property tax
9.8%$182 thousand

Fees for services70%

Fees for services
70%$1.3 million
What's in fees for servicesElectric power; sewer and 2 more
  • Electric power$879 thousand
  • Sewer$199 thousand
  • Water$155 thousand
  • Other service charges$67 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
0.1%$2 thousand

State tax money17%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
17%$315 thousand

Fines and other3.3%

Interest, rents and other
3.3%$61 thousand

Where it goes

Running the government and other costs65%Parks, recreation and libraries15%Water, sewer, trash and utilities8.6%Roads, transit and parking5.6%Police, fire, courts and jails4.0%Sent to other local governments1.5%

What stands out

65%

of Stephenson's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
65%$1.3 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$1.1 million
  • Central staff services (personnel, purchasing, technology)$79 thousand
  • Finance, tax collection and budgeting$27 thousand
  • Government buildings$2 thousand
Parks, recreation and libraries
15%$289 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$289 thousand
Water, sewer, trash and utilities
8.6%$165 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$156 thousand
  • Garbage and solid waste$9 thousand
Roads, transit and parking
5.6%$107 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$107 thousand
Police, fire, courts and jails
4.0%$76 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$45 thousand
  • Police$31 thousand
Sent to other local governments
1.5%$29 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$29 thousand
Sources and moreWhere these numbers come from and what they cover

City of Stephenson. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Stephenson itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.