City government · Hubbard County, MN

Park Rapids's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Park Rapids took in $11.9 million and spent $11.8 million.

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

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Where it comes from

Fees for services (liquor stores, water)45%City taxes27%State tax money11%Fines and other6.9%Federal tax money5.9%County and local tax money3.6%

What stands out

5.9%

of Park Rapids' money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes27%

Property tax
24%$2.9 million
Other taxes
3.4%$404 thousand
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$176 thousand
  • Other licenses$119 thousand
  • Other selective sales taxes$109 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$5.3 million
What's in fees for servicesLiquor stores; water and 4 more
  • Liquor stores$3.8 million
  • Water$623 thousand
  • Other service charges$257 thousand
  • Sewer$252 thousand
  • Road charges$198 thousand
  • Airport$193 thousand

Amounts are by Census type of charge.

Federal tax money5.9%

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

From the federal government
5.9%$706 thousand

State tax money11%

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

From the state
11%$1.4 million

County and local tax money3.6%

Money passed on by the county or other local governments.

From the county and other local governments
3.6%$432 thousand

Fines and other6.9%

Interest, rents and other
6.6%$788 thousand
Fines
0.3%$34 thousand

Where it goes

Water, sewer, trash and utilities48%Roads, transit and parking17%Police, fire, courts and jails16%Running the government and other costs12%Housing and community development2.7%All other spending4.2%

What stands out

48%

of Park Rapids' 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
48%$5.7 million
What's in water, sewer, trash and utilitiesLiquor stores; water supply and 1 more
  • Liquor stores$3.2 million
  • Water supply$1.5 million
  • Sewer systems$1.0 million
Roads, transit and parking
17%$2.0 million
What's in roads, transit and parkingAirports and roads and highways
  • Airports$995 thousand
  • Roads and highways$963 thousand
Police, fire, courts and jails
16%$1.9 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.5 million
  • Fire protection$441 thousand
Running the government and other costs
12%$1.5 million
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$1.1 million
  • Finance, tax collection and budgeting$336 thousand
  • Central staff services (personnel, purchasing, technology)$30 thousand
Housing and community development
2.7%$319 thousand
Interest on debt
2.3%$275 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$260 thousand
  • Interest on water supply debt$15 thousand
Parks, recreation and libraries
1.8%$215 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$128 thousand
  • Libraries$87 thousand
Environment and natural resources
0.1%$13 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$13 thousand
Sources and moreWhere these numbers come from and what they cover

City of Park Rapids. 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 Park Rapids 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.