City government · Marshall County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Newfolden took in $1.0 million and spent $777 thousand.

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

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Where it comes from

Fees for services (electric power, water)70%State tax money12%City taxes8.6%Federal tax money6.6%Fines and other2.3%

What stands out

70%

of Newfolden'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 taxes8.6%

Property tax
8.6%$87 thousand

Fees for services70%

Fees for services
70%$707 thousand
What's in fees for servicesElectric power; water and 4 more
  • Electric power$412 thousand
  • Water$128 thousand
  • Sewer$85 thousand
  • Garbage collection$44 thousand
  • Other service charges$27 thousand
  • Parks and recreation$11 thousand

Amounts are by Census type of charge.

Federal tax money6.6%

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

From the federal government
6.6%$66 thousand

State tax money12%

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

From the state
12%$124 thousand

Fines and other2.3%

Interest, rents and other
2.3%$23 thousand

Where it goes

Water, sewer, trash and utilities56%Roads, transit and parking21%Running the government and other costs12%Police, fire, courts and jails7.7%Interest on debt1.4%All other spending1.7%

What stands out

56%

of Newfolden'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
56%$436 thousand
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$288 thousand
  • Water supply$61 thousand
  • Sewer systems$46 thousand
  • Garbage and solid waste$41 thousand
Roads, transit and parking
21%$166 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$166 thousand
Running the government and other costs
12%$91 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$63 thousand
  • Finance, tax collection and budgeting$22 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Police, fire, courts and jails
7.7%$60 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$60 thousand
Interest on debt
1.4%$11 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$6 thousand
  • Interest on water supply debt$5 thousand
Parks, recreation and libraries
1.2%$9 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$9 thousand
Health and hospitals
0.5%$4 thousand
What's in health and hospitalsPublic health
  • Public health$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Newfolden. 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 Newfolden 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.