City government · Rock County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Luverne took in $26.3 million and spent $29.1 million.

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

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Where it comes from

Fees for services (electric power, water)73%City taxes13%State tax money9.6%Fines and other3.8%Federal tax money<0.1%

What stands out

73%

of Luverne'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 taxes13%

Property tax
10%$2.8 million
Other taxes
3.0%$785 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$620 thousand
  • Other licenses$94 thousand
  • Other selective sales taxes$71 thousand

Amounts are by Census tax category.

Fees for services73%

Fees for services
73%$19.2 million
What's in fees for servicesElectric power; water and 8 more
  • Electric power$9.6 million
  • Water$2.5 million
  • Sewer$2.4 million
  • Liquor stores$2.0 million
  • Garbage collection$1.3 million
  • Road charges$352 thousand
  • Parks and recreation$300 thousand
  • Housing$260 thousand
  • Other service charges$244 thousand
  • Airport$225 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$16 thousand

State tax money9.6%

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

From the state
9.6%$2.5 million

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$4 thousand

Fines and other3.8%

Interest, rents and other
3.8%$1.0 million
Fines
<0.1%$9 thousand

Where it goes

Water, sewer, trash and utilities55%Housing and community development15%Parks, recreation and libraries8.3%Roads, transit and parking8.2%Police, fire, courts and jails6.0%All other spending7.4%

What stands out

15%

of Luverne'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%

Water, sewer, trash and utilities
55%$15.9 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 3 more
  • Electric power$9.2 million
  • Sewer systems$2.3 million
  • Water supply$2.0 million
  • Liquor stores$1.8 million
  • Garbage and solid waste$601 thousand
Housing and community development
15%$4.5 million
Parks, recreation and libraries
8.3%$2.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.4 million
Roads, transit and parking
8.2%$2.4 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$1.6 million
  • Airports$820 thousand
Police, fire, courts and jails
6.0%$1.7 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.3 million
  • Fire protection$428 thousand
Running the government and other costs
4.2%$1.2 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$712 thousand
  • Finance, tax collection and budgeting$441 thousand
  • Central staff services (personnel, purchasing, technology)$75 thousand
Interest on debt
3.2%$926 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$898 thousand
  • Interest on water supply debt$28 thousand
Sources and moreWhere these numbers come from and what they cover

City of Luverne. 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 Luverne 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.