City government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Hibbing took in $72.6 million and spent $70.2 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)58%State tax money22%City taxes13%Fines and other3.8%County and local tax money1.1%Federal tax money0.9%

What stands out

22%

of Hibbing's money comes from state tax money.A typical U.S. city of 10,000 to 50,000 people gets 7%.

City taxes13%

Property tax
13%$9.4 million
Other taxes
0.6%$432 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$318 thousand
  • Public utility taxes$114 thousand

Amounts are by Census tax category.

Fees for services58%

Fees for services
58%$42.3 million
What's in fees for servicesElectric power; sewer and 6 more
  • Electric power$32.3 million
  • Sewer$4.5 million
  • Garbage collection$3.0 million
  • Other service charges$2.0 million
  • Parks and recreation$354 thousand
  • Other government-run businesses$113 thousand
  • Housing$83 thousand
  • Road charges$6 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$640 thousand

State tax money22%

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

From the state
22%$16.3 million

County and local tax money1.1%

Money passed on by the county or other local governments.

From the county and other local governments
1.1%$778 thousand

Fines and other3.8%

Interest, rents and other
3.6%$2.6 million
Fines
0.2%$151 thousand

Where it goes

Water, sewer, trash and utilities59%Roads, transit and parking12%Running the government and other costs8.5%Police, fire, courts and jails8.1%Parks, recreation and libraries7.4%All other spending4.8%

What stands out

59%

of Hibbing's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
59%$41.7 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 1 more
  • Electric power$32.7 million
  • Sewer systems$5.0 million
  • Garbage and solid waste$4.0 million
Roads, transit and parking
12%$8.3 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$7.7 million
  • Public transit$563 thousand
Running the government and other costs
8.5%$6.0 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$4.2 million
  • Finance, tax collection and budgeting$1.2 million
  • Central staff services (personnel, purchasing, technology)$299 thousand
  • Other government-run businesses$255 thousand
Police, fire, courts and jails
8.1%$5.7 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$4.4 million
  • Fire protection$1.3 million
Parks, recreation and libraries
7.4%$5.2 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$4.4 million
  • Libraries$799 thousand
Health and hospitals
4.3%$3.0 million
What's in health and hospitalsPublic health
  • Public health$3.0 million
Interest on debt
0.4%$280 thousand
Housing and community development
<0.1%$52 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hibbing. 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 Hibbing 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.