City government · Mower County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Elkton took in $109 thousand and spent $127 thousand.

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

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Where it comes from

City taxes47%Fees for services (water, parks and recreation)23%State tax money23%Federal tax money7.3%

What stands out

47%

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

City taxes47%

Property tax
47%$51 thousand

Fees for services23%

Fees for services
23%$25 thousand
What's in fees for servicesWater and parks and recreation
  • Water$24 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money7.3%

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

From the federal government
7.3%$8 thousand

State tax money23%

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

From the state
23%$25 thousand

Where it goes

Water, sewer, trash and utilities51%Running the government and other costs21%Parks, recreation and libraries12%Health and hospitals5.5%Roads, transit and parking3.9%All other spending6.3%

What stands out

12%

of Elkton's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
51%$65 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$64 thousand
  • Garbage and solid waste$1 thousand
Running the government and other costs
21%$27 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$13 thousand
  • Finance, tax collection and budgeting$12 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Parks, recreation and libraries
12%$15 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$15 thousand
Health and hospitals
5.5%$7 thousand
What's in health and hospitalsPublic health
  • Public health$7 thousand
Roads, transit and parking
3.9%$5 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5 thousand
Interest on debt
3.9%$5 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$4 thousand
  • Interest on general debt$1 thousand
Police, fire, courts and jails
2.4%$3 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Elkton. 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 Elkton 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.