City government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), McKinley took in $203 thousand and spent $137 thousand.

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

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Where it comes from

State tax money35%City taxes34%Fees for services (water, parks and recreation)22%Fines and other4.4%Federal tax money3.4%

What stands out

35%

of McKinley's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes34%

Property tax
34%$70 thousand

Fees for services22%

Fees for services
22%$45 thousand
What's in fees for servicesWater; parks and recreation and 1 more
  • Water$43 thousand
  • Parks and recreation$1 thousand
  • Garbage collection$1 thousand

Amounts are by Census type of charge.

Federal tax money3.4%

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

From the federal government
3.4%$7 thousand

State tax money35%

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

From the state
35%$72 thousand

Fines and other4.4%

Interest, rents and other
4.4%$9 thousand

Where it goes

Running the government and other costs59%Water, sewer, trash and utilities34%Police, fire, courts and jails2.9%Roads, transit and parking2.9%Parks, recreation and libraries0.7%Interest on debt0.7%

What stands out

59%

of McKinley's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
59%$81 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$57 thousand
  • Finance, tax collection and budgeting$19 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
Water, sewer, trash and utilities
34%$46 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$46 thousand
Police, fire, courts and jails
2.9%$4 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$4 thousand
Roads, transit and parking
2.9%$4 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$4 thousand
Parks, recreation and libraries
0.7%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Interest on debt
0.7%$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of McKinley. 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 McKinley 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.