City government · Washington County, MN

Lake Elmo's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Lake Elmo took in $17.0 million and spent $25.5 million.

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

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Where it comes from

City taxes53%Fees for services (water, sewer)21%Fines and other17%State tax money7.9%County and local tax money0.2%

What stands out

46%

of Lake Elmo's money comes from property tax.A typical U.S. city of 10,000 to 50,000 people gets 19%.

City taxes53%

Property tax
46%$7.8 million
Other taxes
7.2%$1.2 million
What's in other taxesOther licenses and public utility taxes
  • Other licenses$1.1 million
  • Public utility taxes$69 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$3.6 million
What's in fees for servicesWater; sewer and 3 more
  • Water$1.9 million
  • Sewer$761 thousand
  • Garbage collection$581 thousand
  • Parks and recreation$283 thousand
  • Road charges$60 thousand

Amounts are by Census type of charge.

State tax money7.9%

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

From the state
7.9%$1.3 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$35 thousand

Fines and other17%

Interest, rents and other
17%$3.0 million

Where it goes

Water, sewer, trash and utilities37%Running the government and other costs22%Police, fire, courts and jails13%Sent to other local governments10%Interest on debt7.3%All other spending11%

What stands out

10%

of Lake Elmo's spending goes to local governments.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
37%$9.3 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$6.5 million
  • Sewer systems$2.6 million
  • Garbage and solid waste$225 thousand
Running the government and other costs
22%$5.6 million
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$4.4 million
  • Finance, tax collection and budgeting$721 thousand
  • Central staff services (personnel, purchasing, technology)$493 thousand
Police, fire, courts and jails
13%$3.2 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$1.4 million
  • Police$1.1 million
  • Inspections and regulation$691 thousand
Sent to other local governments
10%$2.7 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$2.7 million
Interest on debt
7.3%$1.8 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$1.5 million
  • Interest on water supply debt$353 thousand
Parks, recreation and libraries
5.7%$1.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.5 million
Roads, transit and parking
5.3%$1.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.4 million
Sources and moreWhere these numbers come from and what they cover

City of Lake Elmo. 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 Lake Elmo 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.