City government · Itasca County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Bovey took in $1.5 million and spent $1.2 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, water)33%State tax money30%City taxes25%Fines and other7.7%Federal tax money2.9%County and local tax money1.5%

What stands out

30%

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

City taxes25%

Property tax
25%$379 thousand
Other taxes
<0.1%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$493 thousand
What's in fees for servicesSewer; water and 3 more
  • Sewer$253 thousand
  • Water$144 thousand
  • Garbage collection$61 thousand
  • Road charges$21 thousand
  • Other service charges$14 thousand

Amounts are by Census type of charge.

Federal tax money2.9%

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

From the federal government
2.9%$43 thousand

State tax money30%

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

From the state
30%$450 thousand

County and local tax money1.5%

Money passed on by the county or other local governments.

From the county and other local governments
1.5%$22 thousand

Fines and other7.7%

Interest, rents and other
7.4%$111 thousand
Fines
0.3%$5 thousand

Where it goes

Water, sewer, trash and utilities27%Police, fire, courts and jails26%Roads, transit and parking23%Running the government and other costs15%Parks, recreation and libraries5.4%Interest on debt3.0%

What stands out

26%

of Bovey's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
27%$322 thousand
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$180 thousand
  • Garbage and solid waste$88 thousand
  • Water supply$54 thousand
Police, fire, courts and jails
26%$312 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$266 thousand
  • Fire protection$46 thousand
Roads, transit and parking
23%$280 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$280 thousand
Running the government and other costs
15%$184 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more
  • Other and not broken out$110 thousand
  • Finance, tax collection and budgeting$58 thousand
  • Central staff services (personnel, purchasing, technology)$16 thousand
Parks, recreation and libraries
5.4%$65 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$36 thousand
  • Parks and recreation$29 thousand
Interest on debt
3.0%$36 thousand
Sources and moreWhere these numbers come from and what they cover

City of Bovey. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Bovey 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.