City government · Wilkin County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Breckenridge took in $11.2 million and spent $9.1 million.

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

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Where it comes from

Fees for services (electric power, water)58%State tax money29%City taxes8.7%Fines and other1.9%Federal tax money1.8%

What stands out

29%

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

City taxes8.7%

Property tax
8.0%$891 thousand
Other taxes
0.7%$82 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$45 thousand
  • Other licenses$37 thousand

Amounts are by Census tax category.

Fees for services58%

Fees for services
58%$6.5 million
What's in fees for servicesElectric power; water and 5 more
  • Electric power$4.3 million
  • Water$1.1 million
  • Sewer$539 thousand
  • Road charges$284 thousand
  • Other service charges$188 thousand
  • Parks and recreation$81 thousand
  • Garbage collection$37 thousand

Amounts are by Census type of charge.

Federal tax money1.8%

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

From the federal government
1.8%$201 thousand

State tax money29%

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

From the state
29%$3.3 million

Fines and other1.9%

Interest, rents and other
1.6%$175 thousand
Fines
0.3%$35 thousand

Where it goes

Water, sewer, trash and utilities50%Police, fire, courts and jails25%Roads, transit and parking8.7%Running the government and other costs8.4%Parks, recreation and libraries6.3%All other spending1.7%

What stands out

25%

of Breckenridge'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
50%$4.6 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$2.9 million
  • Water supply$1.3 million
  • Sewer systems$402 thousand
  • Garbage and solid waste$1 thousand
Police, fire, courts and jails
25%$2.2 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$2.0 million
  • Fire protection$234 thousand
Roads, transit and parking
8.7%$789 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$789 thousand
Running the government and other costs
8.4%$761 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$473 thousand
  • Finance, tax collection and budgeting$248 thousand
  • Central staff services (personnel, purchasing, technology)$40 thousand
Parks, recreation and libraries
6.3%$574 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$480 thousand
  • Libraries$94 thousand
Interest on debt
1.4%$129 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$89 thousand
  • Interest on water supply debt$40 thousand
Housing and community development
0.3%$24 thousand
Sources and moreWhere these numbers come from and what they cover

City of Breckenridge. 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 Breckenridge 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.