City government · Stearns County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Holdingford took in $1.7 million and spent $1.7 million.

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

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Where it comes from

Fees for services (liquor stores, sewer)57%State tax money16%City taxes14%Fines and other7.2%County and local tax money3.2%Federal tax money2.3%

What stands out

57%

of Holdingford'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%$223 thousand
Other taxes
0.7%$12 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$7 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services57%

Fees for services
57%$943 thousand
What's in fees for servicesLiquor stores; sewer and 4 more
  • Liquor stores$364 thousand
  • Sewer$172 thousand
  • Water$167 thousand
  • Other service charges$154 thousand
  • Garbage collection$74 thousand
  • Parks and recreation$12 thousand

Amounts are by Census type of charge.

Federal tax money2.3%

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

From the federal government
2.3%$39 thousand

State tax money16%

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

From the state
16%$272 thousand

County and local tax money3.2%

Money passed on by the county or other local governments.

From the county and other local governments
3.2%$54 thousand

Fines and other7.2%

Interest, rents and other
7.1%$118 thousand
Fines
0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities52%Running the government and other costs23%Roads, transit and parking10%Police, fire, courts and jails7.9%Interest on debt5.4%Parks, recreation and libraries2.0%

What stands out

52%

of Holdingford'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
52%$885 thousand
What's in water, sewer, trash and utilitiesLiquor stores; sewer systems and 2 more
  • Liquor stores$358 thousand
  • Sewer systems$270 thousand
  • Water supply$182 thousand
  • Garbage and solid waste$75 thousand
Running the government and other costs
23%$390 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$264 thousand
  • Finance, tax collection and budgeting$114 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
Roads, transit and parking
10%$176 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$176 thousand
Police, fire, courts and jails
7.9%$136 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$120 thousand
  • Police$16 thousand
Interest on debt
5.4%$93 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$58 thousand
  • Interest on water supply debt$35 thousand
Parks, recreation and libraries
2.0%$34 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$34 thousand
Sources and moreWhere these numbers come from and what they cover

City of Holdingford. 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 Holdingford 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.