City government · St Louis County, MN

Hoyt Lakes's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Hoyt Lakes took in $11.2 million and spent $11.6 million.

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

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Where it comes from

State tax money55%Fees for services (sewer, water)26%City taxes14%County and local tax money3.3%Fines and other1.4%Federal tax money0.5%

What stands out

55%

of Hoyt Lakes' money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes14%

Property tax
13%$1.4 million
Other taxes
0.5%$61 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$56 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$2.9 million
What's in fees for servicesOther service charges; sewer and 4 more
  • Other service charges$934 thousand
  • Sewer$885 thousand
  • Water$479 thousand
  • Parks and recreation$349 thousand
  • Garbage collection$246 thousand
  • Other government-run businesses$23 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$55 thousand

State tax money55%

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

From the state
55%$6.2 million

County and local tax money3.3%

Money passed on by the county or other local governments.

From the county and other local governments
3.3%$363 thousand

Fines and other1.4%

Interest, rents and other
1.4%$155 thousand

Where it goes

Water, sewer, trash and utilities57%Parks, recreation and libraries12%Health and hospitals8.3%Running the government and other costs7.3%Roads, transit and parking7.1%All other spending8.3%

What stands out

8.3%

of Hoyt Lakes' spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
57%$6.6 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$5.6 million
  • Water supply$759 thousand
  • Garbage and solid waste$288 thousand
Parks, recreation and libraries
12%$1.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.2 million
  • Libraries$165 thousand
Health and hospitals
8.3%$959 thousand
What's in health and hospitalsPublic health
  • Public health$959 thousand
Running the government and other costs
7.3%$844 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$525 thousand
  • Other and not broken out$233 thousand
  • Central staff services (personnel, purchasing, technology)$74 thousand
  • Other government-run businesses$12 thousand
Roads, transit and parking
7.1%$829 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$829 thousand
Police, fire, courts and jails
6.5%$750 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$594 thousand
  • Fire protection$156 thousand
Interest on debt
1.8%$208 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hoyt Lakes. 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 Hoyt Lakes 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.