City government · Sibley County, MN
Gibbon's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Gibbon took in $1.6 million and spent $1.4 million.
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Where it comes from
What stands out
of Gibbon's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.
City taxes31%
What's in other taxesPublic utility taxes and other licenses
- Public utility taxes$8 thousand
- Other licenses$5 thousand
Amounts are by Census tax category.
Fees for services36%
What's in fees for servicesWater; sewer and 4 more
- Water$316 thousand
- Sewer$136 thousand
- Other service charges$64 thousand
- Garbage collection$59 thousand
- Road charges$7 thousand
- Parks and recreation$2 thousand
Amounts are by Census type of charge.
Federal tax money2.5%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money23%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.7%
Money passed on by the county or other local governments.
Fines and other6.9%
Where it goes
What stands out
of Gibbon'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%
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$189 thousand
- Sewer systems$111 thousand
- Garbage and solid waste$63 thousand
What's in police, fire, courts and jailsPolice and fire protection
- Police$184 thousand
- Fire protection$146 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$266 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$137 thousand
- Finance, tax collection and budgeting$38 thousand
- Central staff services (personnel, purchasing, technology)$5 thousand
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$74 thousand
- Libraries$41 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$60 thousand
- Interest on water supply debt$36 thousand
What's in health and hospitalsPublic health
- Public health$40 thousand
Sources and moreWhere these numbers come from and what they cover
City of Gibbon. 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 Gibbon 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.