City government · Fillmore County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Peterson took in $641 thousand and spent $590 thousand.

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

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Where it comes from

Fees for services (electric power, water)69%City taxes16%State tax money8.4%Fines and other6.6%

What stands out

69%

of Peterson'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 taxes16%

Property tax
16%$100 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services69%

Fees for services
69%$444 thousand
What's in fees for servicesElectric power; water and 4 more
  • Electric power$226 thousand
  • Water$82 thousand
  • Sewer$78 thousand
  • Parks and recreation$23 thousand
  • Garbage collection$23 thousand
  • Other service charges$12 thousand

Amounts are by Census type of charge.

State tax money8.4%

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

From the state
8.4%$54 thousand

Fines and other6.6%

Interest, rents and other
6.4%$41 thousand
Fines
0.2%$1 thousand

Where it goes

Water, sewer, trash and utilities54%Running the government and other costs16%Parks, recreation and libraries14%Roads, transit and parking11%Interest on debt4.1%All other spending1.2%

What stands out

14%

of Peterson's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
54%$318 thousand
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$162 thousand
  • Sewer systems$91 thousand
  • Garbage and solid waste$45 thousand
  • Water supply$20 thousand
Running the government and other costs
16%$95 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$56 thousand
  • Finance, tax collection and budgeting$31 thousand
  • Central staff services (personnel, purchasing, technology)$8 thousand
Parks, recreation and libraries
14%$81 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$81 thousand
Roads, transit and parking
11%$65 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$65 thousand
Interest on debt
4.1%$24 thousand
Police, fire, courts and jails
0.8%$5 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$4 thousand
  • Police$1 thousand
Health and hospitals
0.3%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Peterson. 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 Peterson 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.