City government · Stearns County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Lake Henry took in $328 thousand and spent $306 thousand.

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

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Where it comes from

Federal tax money34%Fines and other27%Fees for services (sewer)19%State tax money17%City taxes3.7%

What stands out

34%

of Lake Henry's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes3.7%

Property tax
3.4%$11 thousand
Other taxes
0.3%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services19%

Fees for services
19%$61 thousand
What's in fees for servicesOther service charges and sewer
  • Other service charges$33 thousand
  • Sewer$28 thousand

Amounts are by Census type of charge.

Federal tax money34%

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

From the federal government
34%$111 thousand

State tax money17%

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

From the state
17%$55 thousand

Fines and other27%

Interest, rents and other
27%$89 thousand

Where it goes

Police, fire, courts and jails81%Water, sewer, trash and utilities7.2%Running the government and other costs5.2%Parks, recreation and libraries3.6%Interest on debt1.6%Roads, transit and parking1.0%

What stands out

81%

of Lake Henry's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
81%$249 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$249 thousand
Water, sewer, trash and utilities
7.2%$22 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$22 thousand
Running the government and other costs
5.2%$16 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$10 thousand
  • Finance, tax collection and budgeting$4 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
Parks, recreation and libraries
3.6%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Interest on debt
1.6%$5 thousand
Roads, transit and parking
1.0%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Henry. 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 Lake Henry 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.