City government · Wabasha County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Elgin took in $2.1 million and spent $2.2 million.

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

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Where it comes from

Fees for services (water, sewer)32%State tax money25%City taxes23%Federal tax money9.6%Fines and other8.0%County and local tax money2.2%

What stands out

10%

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

City taxes23%

Property tax
21%$450 thousand
Other taxes
1.4%$30 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$27 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$678 thousand
What's in fees for servicesWater; sewer and 5 more
  • Water$274 thousand
  • Sewer$234 thousand
  • Other service charges$133 thousand
  • Parks and recreation$16 thousand
  • Other government-run businesses$15 thousand
  • Garbage collection$5 thousand
  • Transit fares$1 thousand

Amounts are by Census type of charge.

Federal tax money9.6%

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

From the federal government
9.6%$202 thousand

State tax money25%

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

From the state
25%$522 thousand

County and local tax money2.2%

Money passed on by the county or other local governments.

From the county and other local governments
2.2%$47 thousand

Fines and other8.0%

Interest, rents and other
7.8%$163 thousand
Fines
0.2%$5 thousand

Where it goes

Running the government and other costs30%Roads, transit and parking24%Water, sewer, trash and utilities18%Health and hospitals10%Police, fire, courts and jails8.7%All other spending8.8%

What stands out

10%

of Elgin's spending goes to health services and hospitals.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
30%$656 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$555 thousand
  • Finance, tax collection and budgeting$71 thousand
  • Central staff services (personnel, purchasing, technology)$20 thousand
  • Other government-run businesses$10 thousand
Roads, transit and parking
24%$511 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$511 thousand
Water, sewer, trash and utilities
18%$399 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$248 thousand
  • Sewer systems$151 thousand
Health and hospitals
10%$226 thousand
What's in health and hospitalsPublic health
  • Public health$226 thousand
Police, fire, courts and jails
8.7%$190 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$97 thousand
  • Fire protection$93 thousand
Parks, recreation and libraries
6.5%$141 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$141 thousand
Interest on debt
2.2%$47 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$31 thousand
  • Interest on water supply debt$16 thousand
Housing and community development
0.2%$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Elgin. 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 Elgin 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.