City government · Cottonwood County, MN

Mountain Lake's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Mountain Lake took in $11.4 million and spent $9.3 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, sewer)71%City taxes11%State tax money11%Fines and other7.0%County and local tax money<0.1%

What stands out

71%

of Mountain Lake'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 taxes11%

Property tax
11%$1.2 million
Other taxes
<0.1%$10 thousand
What's in other taxesOther licenses
  • Other licenses$10 thousand

Amounts are by Census tax category.

Fees for services71%

Fees for services
71%$8.1 million
What's in fees for servicesElectric power; sewer and 5 more
  • Electric power$4.3 million
  • Sewer$2.1 million
  • Water$846 thousand
  • Other service charges$515 thousand
  • Housing$298 thousand
  • Parks and recreation$30 thousand
  • Road charges$19 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$1.3 million

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%$6 thousand

Fines and other7.0%

Interest, rents and other
6.9%$788 thousand
Fines
<0.1%$9 thousand

Where it goes

Water, sewer, trash and utilities60%Running the government and other costs9.9%Police, fire, courts and jails6.5%Roads, transit and parking5.8%Health and hospitals5.7%All other spending12%

What stands out

60%

of Mountain Lake's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
60%$5.5 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$3.5 million
  • Sewer systems$950 thousand
  • Water supply$939 thousand
  • Garbage and solid waste$133 thousand
Running the government and other costs
9.9%$918 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$565 thousand
  • Finance, tax collection and budgeting$270 thousand
  • Other government-run businesses$67 thousand
  • Central staff services (personnel, purchasing, technology)$16 thousand
Police, fire, courts and jails
6.5%$598 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$495 thousand
  • Fire protection$103 thousand
Roads, transit and parking
5.8%$540 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$540 thousand
Health and hospitals
5.7%$524 thousand
What's in health and hospitalsPublic health
  • Public health$524 thousand
Interest on debt
5.6%$521 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$493 thousand
  • Interest on water supply debt$28 thousand
Parks, recreation and libraries
3.6%$337 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$210 thousand
  • Parks and recreation$127 thousand
Housing and community development
3.0%$281 thousand
Sources and moreWhere these numbers come from and what they cover

City of Mountain Lake. 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 Mountain Lake 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.