City government · Blue Earth County, MN

Eagle Lake's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Eagle Lake took in $4.2 million and spent $3.6 million.

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

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Where it comes from

Fees for services (water, sewer)38%City taxes31%State tax money21%Fines and other10%

What stands out

21%

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

City taxes31%

Property tax
26%$1.1 million
Other taxes
4.9%$207 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$171 thousand
  • Public utility taxes$36 thousand

Amounts are by Census tax category.

Fees for services38%

Fees for services
38%$1.6 million
What's in fees for servicesWater; sewer and 2 more
  • Water$609 thousand
  • Sewer$600 thousand
  • Garbage collection$312 thousand
  • Other service charges$103 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$876 thousand

Fines and other10%

Interest, rents and other
10%$425 thousand
Fines
<0.1%$3 thousand

Where it goes

Water, sewer, trash and utilities45%Running the government and other costs26%Police, fire, courts and jails13%Roads, transit and parking7.6%Parks, recreation and libraries5.8%Interest on debt1.6%

What stands out

45%

of Eagle Lake'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
45%$1.6 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$890 thousand
  • Sewer systems$499 thousand
  • Garbage and solid waste$232 thousand
Running the government and other costs
26%$946 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$745 thousand
  • Finance, tax collection and budgeting$175 thousand
  • Central staff services (personnel, purchasing, technology)$26 thousand
Police, fire, courts and jails
13%$468 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$291 thousand
  • Fire protection$177 thousand
Roads, transit and parking
7.6%$272 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$272 thousand
Parks, recreation and libraries
5.8%$208 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$208 thousand
Interest on debt
1.6%$57 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$41 thousand
  • Interest on water supply debt$16 thousand
Sources and moreWhere these numbers come from and what they cover

City of Eagle Lake. 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 Eagle Lake 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.