City government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Ely took in $18.9 million and spent $19.6 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, housing)46%State tax money29%City taxes12%County and local tax money5.2%Federal tax money4.7%Fines and other1.9%

What stands out

29%

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

City taxes12%

Property tax
11%$2.1 million
Other taxes
1.0%$187 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$152 thousand
  • Public utility taxes$35 thousand

Amounts are by Census tax category.

Fees for services46%

Fees for services
46%$8.8 million
What's in fees for servicesElectric power; housing and 7 more
  • Electric power$4.3 million
  • Housing$1.7 million
  • Sewer$1.1 million
  • Water$853 thousand
  • Other service charges$423 thousand
  • Airport$249 thousand
  • Road charges$150 thousand
  • Other government-run businesses$12 thousand
  • Parks and recreation$9 thousand

Amounts are by Census type of charge.

Federal tax money4.7%

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

From the federal government
4.7%$888 thousand

State tax money29%

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

From the state
29%$5.6 million

County and local tax money5.2%

Money passed on by the county or other local governments.

From the county and other local governments
5.2%$980 thousand

Fines and other1.9%

Interest, rents and other
1.7%$313 thousand
Fines
0.2%$37 thousand

Where it goes

Water, sewer, trash and utilities54%Roads, transit and parking16%Housing and community development8.7%Running the government and other costs7.9%Police, fire, courts and jails7.4%All other spending6.8%

What stands out

8.7%

of Ely's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
54%$10.5 million
What's in water, sewer, trash and utilitiesSewer systems; electric power and 2 more
  • Sewer systems$5.2 million
  • Electric power$4.1 million
  • Water supply$1.2 million
  • Garbage and solid waste$3 thousand
Roads, transit and parking
16%$3.1 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$2.5 million
  • Airports$554 thousand
Housing and community development
8.7%$1.7 million
Running the government and other costs
7.9%$1.5 million
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$1.0 million
  • Finance, tax collection and budgeting$382 thousand
  • Central staff services (personnel, purchasing, technology)$87 thousand
  • Other government-run businesses$29 thousand
Police, fire, courts and jails
7.4%$1.5 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.3 million
  • Fire protection$204 thousand
Parks, recreation and libraries
5.6%$1.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$727 thousand
  • Libraries$382 thousand
Interest on debt
1.2%$233 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$232 thousand
  • Interest on water supply debt$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ely. 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 Ely 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.