City government · Scott County, MN

Credit River's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Credit River took in $5.0 million and spent $3.2 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes58%Fines and other16%Federal tax money12%Fees for services (sewer, parks and recreation)7.0%State tax money6.8%

What stands out

50%

of Credit River's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes58%

Property tax
50%$2.5 million
Other taxes
8.0%$403 thousand
What's in other taxesOther licenses; other taxes not classified elsewhere and 1 more
  • Other licenses$376 thousand
  • Other taxes not classified elsewhere$23 thousand
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services7.0%

Fees for services
7.0%$353 thousand
What's in fees for servicesSewer; other service charges and 1 more
  • Sewer$307 thousand
  • Other service charges$38 thousand
  • Parks and recreation$8 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$612 thousand

State tax money6.8%

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

From the state
6.8%$342 thousand

Fines and other16%

Interest, rents and other
16%$824 thousand

Where it goes

Running the government and other costs35%Roads, transit and parking25%Sent to other local governments25%Water, sewer, trash and utilities12%Interest on debt2.4%Parks, recreation and libraries0.4%

What stands out

25%

of Credit River's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
35%$1.1 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$1.0 million
  • Finance, tax collection and budgeting$86 thousand
  • Government buildings$16 thousand
Roads, transit and parking
25%$806 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$806 thousand
Sent to other local governments
25%$805 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$805 thousand
Water, sewer, trash and utilities
12%$369 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$369 thousand
Interest on debt
2.4%$76 thousand
Parks, recreation and libraries
0.4%$12 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Credit River. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Credit River 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.