Township government · Wabasha County, MN

Elgin Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Elgin Township took in $334 thousand and spent $193 thousand.

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

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Where it comes from

Township taxes49%Fines and other31%Federal tax money12%State tax money8.1%

What stands out

31%

of Elgin Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes49%

Property tax
47%$156 thousand
Other taxes
2.1%$7 thousand
What's in other taxesSeverance taxes
  • Severance taxes$7 thousand

Amounts are by Census tax category.

Federal tax money12%

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

From the federal government
12%$40 thousand

State tax money8.1%

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

From the state
8.1%$27 thousand

Fines and other31%

Interest, rents and other
31%$104 thousand

Where it goes

Roads, transit and parking58%Interest on debt20%Police, fire, courts and jails15%Running the government and other costs6.7%Water, sewer, trash and utilities1.0%

What stands out

20%

of Elgin Township's spending goes to interest on debt.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
58%$112 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$112 thousand
Interest on debt
20%$38 thousand
Police, fire, courts and jails
15%$28 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$28 thousand
Running the government and other costs
6.7%$13 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$13 thousand
Water, sewer, trash and utilities
1.0%$2 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$2 thousand
Sources and moreWhere these numbers come from and what they cover

Elgin Township. 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 Elgin Township 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.