City government · Lac Qui Parle County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Boyd took in $1.1 million and spent $1.4 million.

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

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Where it comes from

Fees for services (liquor stores, water)65%Federal tax money16%City taxes9.9%State tax money7.5%Fines and other2.1%

What stands out

16%

of Boyd's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes9.9%

Property tax
9.4%$104 thousand
Other taxes
0.5%$5 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$4 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services65%

Fees for services
65%$712 thousand
What's in fees for servicesLiquor stores; water and 5 more
  • Liquor stores$558 thousand
  • Water$73 thousand
  • Sewer$43 thousand
  • Other service charges$19 thousand
  • Garbage collection$15 thousand
  • Road charges$2 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$174 thousand

State tax money7.5%

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

From the state
7.5%$83 thousand

Fines and other2.1%

Interest, rents and other
2.1%$23 thousand

Where it goes

Water, sewer, trash and utilities51%Roads, transit and parking19%Police, fire, courts and jails19%Running the government and other costs7.7%Interest on debt3.7%Parks, recreation and libraries0.4%

What stands out

51%

of Boyd's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
51%$724 thousand
What's in water, sewer, trash and utilitiesLiquor stores; water supply and 2 more
  • Liquor stores$563 thousand
  • Water supply$79 thousand
  • Sewer systems$56 thousand
  • Garbage and solid waste$26 thousand
Roads, transit and parking
19%$267 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$267 thousand
Police, fire, courts and jails
19%$263 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$247 thousand
  • Police$16 thousand
Running the government and other costs
7.7%$109 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$69 thousand
  • Finance, tax collection and budgeting$31 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
Interest on debt
3.7%$52 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$28 thousand
  • Interest on general debt$24 thousand
Parks, recreation and libraries
0.4%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Boyd. 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 Boyd 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.