City government · Hennepin County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Greenwood took in $1.2 million and spent $1.2 million.

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

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Where it comes from

City taxes68%Fees for services (sewer, parks and recreation)23%Fines and other3.6%Federal tax money3.5%State tax money1.8%

What stands out

55%

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

City taxes68%

Property tax
55%$640 thousand
Other taxes
12%$142 thousand
What's in other taxesOther licenses
  • Other licenses$142 thousand

Amounts are by Census tax category.

Fees for services23%

Fees for services
23%$270 thousand
What's in fees for servicesSewer; parks and recreation and 3 more
  • Sewer$109 thousand
  • Parks and recreation$66 thousand
  • Road charges$40 thousand
  • Garbage collection$29 thousand
  • Other service charges$26 thousand

Amounts are by Census type of charge.

Federal tax money3.5%

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

From the federal government
3.5%$41 thousand

State tax money1.8%

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

From the state
1.8%$21 thousand

Fines and other3.6%

Interest, rents and other
3.3%$38 thousand
Fines
0.3%$4 thousand

Where it goes

Police, fire, courts and jails42%Roads, transit and parking25%Water, sewer, trash and utilities22%Running the government and other costs7.3%Parks, recreation and libraries2.8%Environment and natural resources0.7%

What stands out

42%

of Greenwood'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
42%$488 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$330 thousand
  • Fire protection$158 thousand
Roads, transit and parking
25%$299 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$299 thousand
Water, sewer, trash and utilities
22%$261 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$199 thousand
  • Garbage and solid waste$62 thousand
Running the government and other costs
7.3%$86 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$36 thousand
  • Central staff services (personnel, purchasing, technology)$29 thousand
  • Other and not broken out$21 thousand
Parks, recreation and libraries
2.8%$33 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$33 thousand
Environment and natural resources
0.7%$8 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$8 thousand
Sources and moreWhere these numbers come from and what they cover

City of Greenwood. 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 Greenwood 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.