Town government · Isanti County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Cambridge took in $571 thousand and spent $568 thousand.

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

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Where it comes from

Town taxes68%Federal tax money24%State tax money6.5%Fees for services (road charges)0.7%Fines and other0.7%

What stands out

24%

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

Town taxes68%

Property tax
67%$384 thousand
Other taxes
1.2%$7 thousand
What's in other taxesOther licenses
  • Other licenses$7 thousand

Amounts are by Census tax category.

Fees for services0.7%

Fees for services
0.7%$4 thousand
What's in fees for servicesRoad charges and other service charges
  • Road charges$3 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

Federal tax money24%

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

From the federal government
24%$135 thousand

State tax money6.5%

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

From the state
6.5%$37 thousand

Fines and other0.7%

Interest, rents and other
0.7%$4 thousand

Where it goes

Roads, transit and parking57%Running the government and other costs32%Police, fire, courts and jails11%Water, sewer, trash and utilities0.2%

What stands out

32%

of Cambridge's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.

Spending by category100%

Roads, transit and parking
57%$323 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$323 thousand
Running the government and other costs
32%$182 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$161 thousand
  • Central staff services (personnel, purchasing, technology)$21 thousand
Police, fire, courts and jails
11%$62 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$62 thousand
Water, sewer, trash and utilities
0.2%$1 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cambridge. 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 Town of Cambridge 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.