City government · Murray County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Lake Wilson took in $644 thousand and spent $433 thousand.

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

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Where it comes from

Federal tax money34%Fees for services (water, housing)32%State tax money17%City taxes14%Fines and other2.5%

What stands out

34%

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

City taxes14%

Property tax
13%$85 thousand
Other taxes
0.5%$3 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$3 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$207 thousand
What's in fees for servicesWater; other service charges and 2 more
  • Water$159 thousand
  • Other service charges$24 thousand
  • Housing$23 thousand
  • Garbage collection$1 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%$222 thousand

State tax money17%

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

From the state
17%$111 thousand

Fines and other2.5%

Interest, rents and other
2.5%$16 thousand

Where it goes

Roads, transit and parking26%Water, sewer, trash and utilities23%Housing and community development18%Police, fire, courts and jails15%Running the government and other costs11%All other spending6.2%

What stands out

18%

of Lake Wilson's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
26%$112 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$112 thousand
Water, sewer, trash and utilities
23%$99 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$99 thousand
Housing and community development
18%$80 thousand
Police, fire, courts and jails
15%$67 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$65 thousand
  • Police$2 thousand
Running the government and other costs
11%$48 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$22 thousand
  • Finance, tax collection and budgeting$19 thousand
  • Central staff services (personnel, purchasing, technology)$7 thousand
Interest on debt
3.7%$16 thousand
Parks, recreation and libraries
2.5%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Wilson. 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 Wilson 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.