Township government · Scott County, MN

New Market Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), New Market Township took in $1.2 million and spent $1.0 million.

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

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Where it comes from

Township taxes70%Fines and other23%State tax money5.0%Fees for services (road charges, parks and recreation)1.5%

What stands out

23%

of New Market Township's money comes from interest, rents and other revenue.A typical U.S. township or town of under 10,000 people gets 1%.

Township taxes70%

Property tax
69%$839 thousand
Other taxes
1.1%$13 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$10 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services1.5%

Fees for services
1.5%$18 thousand
What's in fees for servicesRoad charges; parks and recreation and 1 more
  • Road charges$9 thousand
  • Parks and recreation$7 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money5.0%

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

From the state
5.0%$61 thousand

Fines and other23%

Interest, rents and other
23%$279 thousand
Fines
0.3%$4 thousand

Where it goes

Roads, transit and parking54%Police, fire, courts and jails22%Running the government and other costs16%Interest on debt5.4%Parks, recreation and libraries2.6%

What stands out

22%

of New Market Township's spending goes to police, fire, courts and jails.A typical U.S. township or town of under 10,000 people spends 6.7%.

Spending by category100%

Roads, transit and parking
54%$559 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$559 thousand
Police, fire, courts and jails
22%$229 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$229 thousand
Running the government and other costs
16%$167 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$105 thousand
  • Central staff services (personnel, purchasing, technology)$62 thousand
Interest on debt
5.4%$56 thousand
Parks, recreation and libraries
2.6%$27 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$27 thousand
Sources and moreWhere these numbers come from and what they cover

New Market Township. 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 New Market Township 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.