City government · Steele County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Medford took in $3.4 million and spent $4.0 million.

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

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Where it comes from

County and local tax money34%City taxes27%Fees for services (liquor stores, water)24%State tax money9.1%Fines and other6.8%

What stands out

34%

of Medford's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes27%

Property tax
25%$852 thousand
Other taxes
2.0%$68 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$59 thousand
  • Other licenses$9 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$805 thousand
What's in fees for servicesLiquor stores; water and 3 more
  • Liquor stores$395 thousand
  • Water$199 thousand
  • Sewer$163 thousand
  • Other service charges$25 thousand
  • Parks and recreation$23 thousand

Amounts are by Census type of charge.

State tax money9.1%

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

From the state
9.1%$309 thousand

County and local tax money34%

Money passed on by the county or other local governments.

From the county and other local governments
34%$1.1 million

Fines and other6.8%

Interest, rents and other
6.8%$230 thousand

Where it goes

Roads, transit and parking52%Water, sewer, trash and utilities32%Running the government and other costs6.9%Police, fire, courts and jails5.0%Parks, recreation and libraries2.3%Interest on debt1.6%

What stands out

52%

of Medford's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
52%$2.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.1 million
Water, sewer, trash and utilities
32%$1.3 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$500 thousand
  • Water supply$435 thousand
  • Liquor stores$359 thousand
Running the government and other costs
6.9%$275 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$146 thousand
  • Other and not broken out$113 thousand
  • Central staff services (personnel, purchasing, technology)$16 thousand
Police, fire, courts and jails
5.0%$198 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$116 thousand
  • Police$82 thousand
Parks, recreation and libraries
2.3%$91 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$91 thousand
Interest on debt
1.6%$63 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$49 thousand
  • Interest on water supply debt$14 thousand
Sources and moreWhere these numbers come from and what they cover

City of Medford. 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 Medford 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.