City government · Le Sueur County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Montgomery took in $7.7 million and spent $13.7 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)42%City taxes30%State tax money15%Fines and other13%Federal tax money0.6%County and local tax money0.4%

What stands out

12%

of Montgomery's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes30%

Property tax
28%$2.2 million
Other taxes
1.6%$126 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$107 thousand
  • Public utility taxes$19 thousand

Amounts are by Census tax category.

Fees for services42%

Fees for services
42%$3.2 million
What's in fees for servicesWater; sewer and 3 more
  • Water$1.4 million
  • Sewer$1.1 million
  • Other service charges$504 thousand
  • Road charges$284 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$43 thousand

State tax money15%

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

From the state
15%$1.2 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$32 thousand

Fines and other13%

Interest, rents and other
12%$948 thousand
Fines
0.3%$22 thousand

Where it goes

Roads, transit and parking48%Police, fire, courts and jails18%Water, sewer, trash and utilities15%Running the government and other costs7.4%Health and hospitals3.9%All other spending6.9%

What stands out

48%

of Montgomery'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
48%$6.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6.7 million
Police, fire, courts and jails
18%$2.5 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$2.2 million
  • Fire protection$291 thousand
Water, sewer, trash and utilities
15%$2.1 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$1.1 million
  • Water supply$934 thousand
Running the government and other costs
7.4%$1.0 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$538 thousand
  • Finance, tax collection and budgeting$462 thousand
  • Central staff services (personnel, purchasing, technology)$22 thousand
Health and hospitals
3.9%$529 thousand
What's in health and hospitalsPublic health
  • Public health$529 thousand
Parks, recreation and libraries
3.6%$495 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$468 thousand
  • Libraries$27 thousand
Interest on debt
3.3%$448 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$356 thousand
  • Interest on water supply debt$92 thousand
Sources and moreWhere these numbers come from and what they cover

City of Montgomery. 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 Montgomery 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.