City government · Crow Wing County, MN

Fifty Lakes's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Fifty Lakes took in $1.5 million and spent $1.5 million.

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

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Where it comes from

Fees for services (liquor stores, road charges)57%City taxes33%Fines and other4.7%State tax money4.1%Federal tax money1.4%

What stands out

32%

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

City taxes33%

Property tax
32%$492 thousand
Other taxes
1.2%$18 thousand
What's in other taxesOther licenses
  • Other licenses$18 thousand

Amounts are by Census tax category.

Fees for services57%

Fees for services
57%$874 thousand
What's in fees for servicesLiquor stores; other service charges and 1 more
  • Liquor stores$869 thousand
  • Other service charges$4 thousand
  • Road charges$1 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$22 thousand

State tax money4.1%

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

From the state
4.1%$63 thousand

Fines and other4.7%

Interest, rents and other
4.5%$70 thousand
Fines
0.2%$3 thousand

Where it goes

Water, sewer, trash and utilities46%Running the government and other costs22%Roads, transit and parking20%Police, fire, courts and jails11%Parks, recreation and libraries0.7%Interest on debt0.2%

What stands out

20%

of Fifty Lakes' spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
46%$688 thousand
What's in water, sewer, trash and utilitiesLiquor stores
  • Liquor stores$688 thousand
Running the government and other costs
22%$324 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$168 thousand
  • Finance, tax collection and budgeting$137 thousand
  • Central staff services (personnel, purchasing, technology)$19 thousand
Roads, transit and parking
20%$300 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$300 thousand
Police, fire, courts and jails
11%$160 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$160 thousand
Parks, recreation and libraries
0.7%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Interest on debt
0.2%$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Fifty Lakes. 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 Fifty Lakes 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.