City government · Blue Earth County, MN

Good Thunder's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Good Thunder took in $1.0 million and spent $1.4 million.

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

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Where it comes from

City taxes35%Fees for services (water, sewer)33%State tax money21%Fines and other7.8%Federal tax money3.0%County and local tax money0.2%

What stands out

34%

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

City taxes35%

Property tax
34%$356 thousand
Other taxes
0.4%$4 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$3 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$344 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$103 thousand
  • Sewer$99 thousand
  • Other service charges$95 thousand
  • Garbage collection$47 thousand

Amounts are by Census type of charge.

Federal tax money3.0%

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

From the federal government
3.0%$31 thousand

State tax money21%

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

From the state
21%$220 thousand

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$2 thousand

Fines and other7.8%

Interest, rents and other
7.7%$80 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities58%Roads, transit and parking14%Police, fire, courts and jails12%Running the government and other costs12%Parks, recreation and libraries3.6%

What stands out

58%

of Good Thunder's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
58%$813 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$638 thousand
  • Water supply$118 thousand
  • Garbage and solid waste$57 thousand
Roads, transit and parking
14%$195 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$195 thousand
Police, fire, courts and jails
12%$172 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$129 thousand
  • Police$43 thousand
Running the government and other costs
12%$163 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$122 thousand
  • Other and not broken out$33 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
Parks, recreation and libraries
3.6%$50 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$50 thousand
Sources and moreWhere these numbers come from and what they cover

City of Good Thunder. 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 Good Thunder 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.