City government · Steele County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Owatonna took in $108 million and spent $120 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fees for services (electric power, gas)74%City taxes14%State tax money6.0%Federal tax money3.3%Fines and other2.3%County and local tax money0.3%

What stands out

74%

of Owatonna'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 taxes14%

Property tax
13%$14.4 million
Other taxes
1.1%$1.2 million
What's in other taxesOther licenses; other selective sales taxes and 1 more
  • Other licenses$620 thousand
  • Other selective sales taxes$326 thousand
  • Public utility taxes$244 thousand

Amounts are by Census tax category.

Fees for services74%

Fees for services
74%$79.8 million
What's in fees for servicesElectric power; gas and 6 more
  • Electric power$47.8 million
  • Gas$15.6 million
  • Sewer$6.7 million
  • Water$5.0 million
  • Other service charges$2.5 million
  • Parks and recreation$1.7 million
  • Airport$525 thousand
  • Housing$65 thousand

Amounts are by Census type of charge.

Federal tax money3.3%

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

From the federal government
3.3%$3.5 million

State tax money6.0%

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

From the state
6.0%$6.5 million

County and local tax money0.3%

Money passed on by the county or other local governments.

From the county and other local governments
0.3%$363 thousand

Fines and other2.3%

Interest, rents and other
2.2%$2.3 million
Fines
0.1%$136 thousand

Where it goes

Water, sewer, trash and utilities53%Parks, recreation and libraries17%Roads, transit and parking14%Police, fire, courts and jails11%Running the government and other costs3.3%All other spending1.7%

What stands out

53%

of Owatonna's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
53%$63.7 million
What's in water, sewer, trash and utilitiesElectric power; gas supply and 2 more
  • Electric power$43.1 million
  • Gas supply$15.6 million
  • Water supply$3.5 million
  • Sewer systems$1.5 million
Parks, recreation and libraries
17%$19.9 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$15.1 million
  • Libraries$4.7 million
Roads, transit and parking
14%$16.8 million
What's in roads, transit and parkingAirports and roads and highways
  • Airports$9.3 million
  • Roads and highways$7.6 million
Police, fire, courts and jails
11%$13.8 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$6.7 million
  • Police$6.2 million
  • Inspections and regulation$600 thousand
  • Courts and legal services$272 thousand
Running the government and other costs
3.3%$4.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$2.7 million
  • Government buildings$913 thousand
  • Other and not broken out$395 thousand
Housing and community development
1.2%$1.4 million
Interest on debt
0.5%$610 thousand
Sources and moreWhere these numbers come from and what they cover

City of Owatonna. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Owatonna 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.