City government · Grant County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Hoffman took in $1.3 million and spent $1.4 million.

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

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Where it comes from

Fees for services (sewer, water)60%State tax money18%City taxes14%Fines and other7.9%Federal tax money<0.1%

What stands out

60%

of Hoffman's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes14%

Property tax
13%$176 thousand
Other taxes
0.2%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services60%

Fees for services
60%$788 thousand
What's in fees for servicesSewer; water and 4 more
  • Sewer$226 thousand
  • Water$224 thousand
  • Housing$99 thousand
  • Other service charges$93 thousand
  • Garbage collection$82 thousand
  • Parks and recreation$64 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money18%

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

From the state
18%$239 thousand

Fines and other7.9%

Interest, rents and other
7.8%$102 thousand
Fines
0.2%$2 thousand

Where it goes

Water, sewer, trash and utilities47%Running the government and other costs13%Interest on debt10%Police, fire, courts and jails9.1%Roads, transit and parking6.8%All other spending15%

What stands out

10%

of Hoffman's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
47%$641 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$272 thousand
  • Sewer systems$270 thousand
  • Garbage and solid waste$99 thousand
Running the government and other costs
13%$176 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$104 thousand
  • Finance, tax collection and budgeting$66 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Interest on debt
10%$139 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$99 thousand
  • Interest on water supply debt$40 thousand
Police, fire, courts and jails
9.1%$125 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$86 thousand
  • Police$39 thousand
Roads, transit and parking
6.8%$93 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$93 thousand
Housing and community development
6.2%$85 thousand
Parks, recreation and libraries
4.9%$68 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$68 thousand
Health and hospitals
3.6%$49 thousand
What's in health and hospitalsPublic health
  • Public health$49 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hoffman. 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 Hoffman 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.