City government · Kandiyohi County, MN

New London's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), New London took in $3.5 million and spent $2.5 million.

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

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Where it comes from

Fees for services (sewer, water)50%City taxes23%State tax money13%Fines and other9.1%Federal tax money2.5%County and local tax money1.9%

What stands out

9%

of New London'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 taxes23%

Property tax
19%$682 thousand
Sales tax
3.2%$113 thousand
Other taxes
1.0%$36 thousand
What's in other taxesOther licenses
  • Other licenses$36 thousand

Amounts are by Census tax category.

Fees for services50%

Fees for services
50%$1.8 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$817 thousand
  • Water$554 thousand
  • Other service charges$393 thousand
  • Parks and recreation$9 thousand

Amounts are by Census type of charge.

Federal tax money2.5%

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

From the federal government
2.5%$88 thousand

State tax money13%

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

From the state
13%$456 thousand

County and local tax money1.9%

Money passed on by the county or other local governments.

From the county and other local governments
1.9%$68 thousand

Fines and other9.1%

Interest, rents and other
9.0%$320 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities37%Running the government and other costs18%Police, fire, courts and jails16%Roads, transit and parking11%Health and hospitals7.9%All other spending11%

What stands out

7.9%

of New London's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
37%$912 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$494 thousand
  • Water supply$418 thousand
Running the government and other costs
18%$449 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$285 thousand
  • Finance, tax collection and budgeting$153 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
Police, fire, courts and jails
16%$389 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$327 thousand
  • Police$62 thousand
Roads, transit and parking
11%$287 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$287 thousand
Health and hospitals
7.9%$198 thousand
What's in health and hospitalsPublic health
  • Public health$198 thousand
Parks, recreation and libraries
5.6%$140 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$89 thousand
  • Parks and recreation$51 thousand
Interest on debt
4.9%$123 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$103 thousand
  • Interest on water supply debt$20 thousand
Sources and moreWhere these numbers come from and what they cover

City of New London. 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 New London 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.