City government · Dakota County, MN
Hastings's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2023), Hastings took in $38.6 million and spent $40.1 million.
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Where it comes from
What stands out
of Hastings' money comes from property tax.A typical U.S. city of 10,000 to 50,000 people gets 19%.
City taxes49%
What's in other taxesOther licenses; occupation and business licenses and 2 more
- Other licenses$722 thousand
- Occupation and business licenses$113 thousand
- Alcoholic beverage licenses$78 thousand
- Other taxes not classified elsewhere$4 thousand
Amounts are by Census tax category.
Fees for services30%
What's in fees for servicesSewer; water and 5 more
- Sewer$3.6 million
- Water$2.9 million
- Other service charges$2.6 million
- Parks and recreation$1.0 million
- Electric power$743 thousand
- Road charges$590 thousand
- Garbage collection$1 thousand
Amounts are by Census type of charge.
Federal tax money3.6%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money4.7%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.6%
Money passed on by the county or other local governments.
Fines and other13%
Where it goes
What stands out
of Hastings' spending goes to parks, recreation and libraries.A typical U.S. city of 10,000 to 50,000 people spends 5.6%.
Spending by category100%
What's in police, fire, courts and jailsFire protection; police and 2 more
- Fire protection$6.9 million
- Police$6.5 million
- Inspections and regulation$852 thousand
- Courts and legal services$218 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
- Other and not broken out$5.7 million
- Central staff services (personnel, purchasing, technology)$1.3 million
- Government buildings$912 thousand
- Finance, tax collection and budgeting$701 thousand
- Other government-run businesses$338 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 2 more
- Sewer systems$3.5 million
- Water supply$2.6 million
- Electric power$874 thousand
- Garbage and solid waste$12 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$5.5 million
What's in roads, transit and parkingRoads and highways
- Roads and highways$2.8 million
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$629 thousand
- Interest on water supply debt$177 thousand
Sources and moreWhere these numbers come from and what they cover
City of Hastings. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.
What this covers. The money of City of Hastings 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.