City government · Lac Qui Parle County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Madison took in $6.7 million and spent $6.3 million.

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

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Where it comes from

Fees for services (electric power, water)64%State tax money12%Fines and other9.8%City taxes9.5%Federal tax money4.3%County and local tax money<0.1%

What stands out

64%

of Madison'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 taxes9.5%

Property tax
8.8%$596 thousand
Other taxes
0.7%$46 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$37 thousand
  • Other licenses$5 thousand
  • Other selective sales taxes$4 thousand

Amounts are by Census tax category.

Fees for services64%

Fees for services
64%$4.3 million
What's in fees for servicesElectric power; water and 7 more
  • Electric power$1.8 million
  • Water$667 thousand
  • Liquor stores$515 thousand
  • Sewer$424 thousand
  • Garbage collection$239 thousand
  • Housing$224 thousand
  • Other service charges$206 thousand
  • Road charges$191 thousand
  • Parks and recreation$41 thousand

Amounts are by Census type of charge.

Federal tax money4.3%

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

From the federal government
4.3%$288 thousand

State tax money12%

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

From the state
12%$816 thousand

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%$5 thousand

Fines and other9.8%

Interest, rents and other
9.7%$656 thousand
Fines
<0.1%$4 thousand

Where it goes

Water, sewer, trash and utilities47%Running the government and other costs12%Interest on debt10%Housing and community development8.4%Parks, recreation and libraries8.2%All other spending14%

What stands out

8.4%

of Madison'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
47%$3.0 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 3 more
  • Electric power$1.3 million
  • Water supply$516 thousand
  • Sewer systems$511 thousand
  • Liquor stores$452 thousand
  • Garbage and solid waste$216 thousand
Running the government and other costs
12%$792 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$488 thousand
  • Finance, tax collection and budgeting$280 thousand
  • Central staff services (personnel, purchasing, technology)$24 thousand
Interest on debt
10%$632 thousand
Housing and community development
8.4%$532 thousand
Parks, recreation and libraries
8.2%$519 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$413 thousand
  • Libraries$106 thousand
Roads, transit and parking
6.6%$421 thousand
What's in roads, transit and parkingRoads and highways; public transit and 1 more
  • Roads and highways$404 thousand
  • Public transit$10 thousand
  • Airports$7 thousand
Police, fire, courts and jails
5.5%$348 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$248 thousand
  • Fire protection$100 thousand
Health and hospitals
1.8%$114 thousand
What's in health and hospitalsPublic health
  • Public health$114 thousand
Sources and moreWhere these numbers come from and what they cover

City of Madison. 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 Madison 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.