City government · Wright County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Albertville took in $7.3 million and spent $7.7 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes57%Fees for services (sewer, water)23%Fines and other9.3%County and local tax money7.2%State tax money3.4%

What stands out

56%

of Albertville's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes57%

Property tax
56%$4.1 million
Other taxes
0.8%$62 thousand
What's in other taxesOccupation and business licenses and alcoholic beverage licenses
  • Occupation and business licenses$33 thousand
  • Alcoholic beverage licenses$29 thousand

Amounts are by Census tax category.

Fees for services23%

Fees for services
23%$1.7 million
What's in fees for servicesSewer; water and 1 more
  • Sewer$1.1 million
  • Water$500 thousand
  • Garbage collection$150 thousand

Amounts are by Census type of charge.

State tax money3.4%

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

From the state
3.4%$249 thousand

County and local tax money7.2%

Money passed on by the county or other local governments.

From the county and other local governments
7.2%$532 thousand

Fines and other9.3%

Interest, rents and other
9.3%$685 thousand

Where it goes

Police, fire, courts and jails28%Roads, transit and parking18%Water, sewer, trash and utilities16%Running the government and other costs15%Sent to other local governments13%All other spending10%

What stands out

13%

of Albertville's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
28%$2.1 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$950 thousand
  • Fire protection$892 thousand
  • Inspections and regulation$278 thousand
Roads, transit and parking
18%$1.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.4 million
Water, sewer, trash and utilities
16%$1.2 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$640 thousand
  • Water supply$426 thousand
  • Garbage and solid waste$154 thousand
Running the government and other costs
15%$1.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$617 thousand
  • Other and not broken out$436 thousand
  • Finance, tax collection and budgeting$127 thousand
Sent to other local governments
13%$1.0 million
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$1.0 million
Parks, recreation and libraries
7.7%$589 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$589 thousand
Interest on debt
2.5%$189 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$184 thousand
  • Interest on water supply debt$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Albertville. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Albertville 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.