City government · Stearns County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), New Munich took in $397 thousand and spent $224 thousand.

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

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Where it comes from

Fees for services (sewer, water)37%City taxes27%State tax money24%Fines and other12%

What stands out

24%

of New Munich's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes27%

Property tax
26%$105 thousand
Other taxes
0.5%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services37%

Fees for services
37%$145 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$97 thousand
  • Water$46 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$96 thousand

Fines and other12%

Interest, rents and other
12%$49 thousand

Where it goes

Water, sewer, trash and utilities41%Running the government and other costs26%Police, fire, courts and jails14%Roads, transit and parking8.5%Parks, recreation and libraries5.4%Interest on debt5.4%

What stands out

5.4%

of New Munich's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
41%$91 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$61 thousand
  • Sewer systems$30 thousand
Running the government and other costs
26%$58 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$28 thousand
  • Finance, tax collection and budgeting$26 thousand
  • Central staff services (personnel, purchasing, technology)$4 thousand
Police, fire, courts and jails
14%$32 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$31 thousand
  • Police$1 thousand
Roads, transit and parking
8.5%$19 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$19 thousand
Parks, recreation and libraries
5.4%$12 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$12 thousand
Interest on debt
5.4%$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of New Munich. 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 Munich 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.