City government · Lyon County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Ghent took in $749 thousand and spent $750 thousand.

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

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Where it comes from

Fees for services (water, sewer)40%City taxes29%State tax money20%County and local tax money6.7%Federal tax money2.7%Fines and other2.0%

What stands out

6.7%

of Ghent'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 taxes29%

Property tax
27%$205 thousand
Other taxes
1.5%$11 thousand
What's in other taxesOther licenses
  • Other licenses$11 thousand

Amounts are by Census tax category.

Fees for services40%

Fees for services
40%$297 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$140 thousand
  • Sewer$86 thousand
  • Garbage collection$40 thousand
  • Other service charges$31 thousand

Amounts are by Census type of charge.

Federal tax money2.7%

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

From the federal government
2.7%$20 thousand

State tax money20%

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

From the state
20%$151 thousand

County and local tax money6.7%

Money passed on by the county or other local governments.

From the county and other local governments
6.7%$50 thousand

Fines and other2.0%

Interest, rents and other
2.0%$15 thousand

Where it goes

Police, fire, courts and jails30%Water, sewer, trash and utilities26%Running the government and other costs22%Roads, transit and parking10%Parks, recreation and libraries7.6%All other spending4.3%

What stands out

30%

of Ghent'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%

Police, fire, courts and jails
30%$222 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$193 thousand
  • Police$29 thousand
Water, sewer, trash and utilities
26%$196 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$88 thousand
  • Water supply$75 thousand
  • Garbage and solid waste$33 thousand
Running the government and other costs
22%$165 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$112 thousand
  • Finance, tax collection and budgeting$49 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
Roads, transit and parking
10%$78 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$78 thousand
Parks, recreation and libraries
7.6%$57 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$57 thousand
Housing and community development
3.3%$25 thousand
Interest on debt
0.9%$7 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$6 thousand
  • Interest on water supply debt$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ghent. 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 Ghent 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.