City government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Floodwood took in $2.0 million and spent $1.4 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)36%State tax money27%City taxes18%County and local tax money11%Federal tax money4.8%Fines and other3.0%

What stands out

11%

of Floodwood's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes18%

Property tax
17%$342 thousand
Other taxes
0.4%$8 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$6 thousand
  • Public utility taxes$2 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$707 thousand
What's in fees for servicesWater; other service charges and 3 more
  • Water$418 thousand
  • Other service charges$138 thousand
  • Sewer$126 thousand
  • Road charges$14 thousand
  • Parks and recreation$11 thousand

Amounts are by Census type of charge.

Federal tax money4.8%

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

From the federal government
4.8%$94 thousand

State tax money27%

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

From the state
27%$530 thousand

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$217 thousand

Fines and other3.0%

Interest, rents and other
2.8%$54 thousand
Fines
0.2%$4 thousand

Where it goes

Water, sewer, trash and utilities49%Police, fire, courts and jails25%Running the government and other costs12%Roads, transit and parking7.9%Parks, recreation and libraries5.5%Interest on debt0.1%

What stands out

25%

of Floodwood's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
49%$660 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$541 thousand
  • Sewer systems$79 thousand
  • Garbage and solid waste$40 thousand
Police, fire, courts and jails
25%$346 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$193 thousand
  • Fire protection$153 thousand
Running the government and other costs
12%$168 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$87 thousand
  • Other and not broken out$52 thousand
  • Central staff services (personnel, purchasing, technology)$28 thousand
  • Other government-run businesses$1 thousand
Roads, transit and parking
7.9%$108 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$108 thousand
Parks, recreation and libraries
5.5%$75 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$75 thousand
Interest on debt
0.1%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Floodwood. 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 Floodwood 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.