City government · Carver County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Cologne took in $3.8 million and spent $4.5 million.

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

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Where it comes from

City taxes42%Fees for services (water, sewer)29%Fines and other18%State tax money7.9%County and local tax money3.3%

What stands out

18%

of Cologne's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes42%

Property tax
40%$1.5 million
Other taxes
2.6%$97 thousand
What's in other taxesOther licenses
  • Other licenses$97 thousand

Amounts are by Census tax category.

Fees for services29%

Fees for services
29%$1.1 million
What's in fees for servicesWater; sewer and 3 more
  • Water$514 thousand
  • Sewer$252 thousand
  • Other service charges$215 thousand
  • Parks and recreation$67 thousand
  • Road charges$39 thousand

Amounts are by Census type of charge.

State tax money7.9%

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

From the state
7.9%$299 thousand

County and local tax money3.3%

Money passed on by the county or other local governments.

From the county and other local governments
3.3%$124 thousand

Fines and other18%

Interest, rents and other
18%$689 thousand
Fines
0.1%$4 thousand

Where it goes

Roads, transit and parking36%Water, sewer, trash and utilities28%Running the government and other costs14%Interest on debt8.7%Police, fire, courts and jails7.8%Parks, recreation and libraries5.2%

What stands out

36%

of Cologne's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
36%$1.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.6 million
Water, sewer, trash and utilities
28%$1.3 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$796 thousand
  • Sewer systems$468 thousand
Running the government and other costs
14%$633 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$340 thousand
  • Finance, tax collection and budgeting$278 thousand
  • Central staff services (personnel, purchasing, technology)$15 thousand
Interest on debt
8.7%$392 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$279 thousand
  • Interest on water supply debt$113 thousand
Police, fire, courts and jails
7.8%$351 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$283 thousand
  • Police$68 thousand
Parks, recreation and libraries
5.2%$235 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$235 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cologne. 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 Cologne 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.