City government · Wright County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Otsego took in $27.6 million and spent $22.9 million.

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

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Where it comes from

Fees for services (sewer, water)52%City taxes39%Fines and other5.3%State tax money3.9%

What stands out

52%

of Otsego's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes39%

Property tax
29%$8.1 million
Other taxes
9.7%$2.7 million
What's in other taxesOther licenses; public utility taxes and 3 more
  • Other licenses$2.3 million
  • Public utility taxes$129 thousand
  • Public utility licenses$94 thousand
  • Occupation and business licenses$62 thousand
  • Alcoholic beverage licenses$37 thousand

Amounts are by Census tax category.

Fees for services52%

Fees for services
52%$14.3 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$8.1 million
  • Water$4.5 million
  • Parks and recreation$1.3 million
  • Road charges$206 thousand
  • Other service charges$175 thousand

Amounts are by Census type of charge.

State tax money3.9%

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

From the state
3.9%$1.1 million

Fines and other5.3%

Interest, rents and other
5.2%$1.4 million
Fines
<0.1%$27 thousand

Where it goes

Water, sewer, trash and utilities56%Roads, transit and parking13%Sent to other local governments13%Running the government and other costs8.2%Parks, recreation and libraries6.1%Interest on debt4.0%

What stands out

13%

of Otsego's spending goes to local governments.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
56%$12.7 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$8.1 million
  • Water supply$4.6 million
Roads, transit and parking
13%$3.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.1 million
Sent to other local governments
13%$2.9 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$2.9 million
Running the government and other costs
8.2%$1.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$1.1 million
  • Other and not broken out$503 thousand
  • Finance, tax collection and budgeting$268 thousand
Parks, recreation and libraries
6.1%$1.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.4 million
Interest on debt
4.0%$914 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$680 thousand
  • Interest on water supply debt$234 thousand
Sources and moreWhere these numbers come from and what they cover

City of Otsego. 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 Otsego 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.