Township government · Rock County, MN

Magnolia Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Magnolia Township took in $204 thousand and spent $212 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

Township taxes67%State tax money21%Fees for services (road charges)12%

What stands out

12%

of Magnolia Township's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Township taxes67%

Property tax
67%$136 thousand
Other taxes
0.5%$1 thousand
What's in other taxesSeverance taxes
  • Severance taxes$1 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$25 thousand
What's in fees for servicesRoad charges
  • Road charges$25 thousand

Amounts are by Census type of charge.

State tax money21%

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

From the state
21%$42 thousand

Where it goes

Roads, transit and parking75%Running the government and other costs15%Police, fire, courts and jails11%

What stands out

75%

of Magnolia Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
75%$158 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$158 thousand
Running the government and other costs
15%$31 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$22 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
Police, fire, courts and jails
11%$23 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$23 thousand
Sources and moreWhere these numbers come from and what they cover

Magnolia Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Magnolia Township 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.