City government · McLeod County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Plato took in $784 thousand and spent $840 thousand.

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

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Where it comes from

Fees for services (sewer, water)34%City taxes31%Fines and other23%State tax money9.7%Federal tax money2.2%County and local tax money0.1%

What stands out

23%

of Plato's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes31%

Property tax
30%$234 thousand
Other taxes
1.5%$12 thousand
What's in other taxesOther licenses
  • Other licenses$12 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$264 thousand
What's in fees for servicesSewer; other service charges and 2 more
  • Sewer$105 thousand
  • Other service charges$88 thousand
  • Water$64 thousand
  • Parks and recreation$7 thousand

Amounts are by Census type of charge.

Federal tax money2.2%

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

From the federal government
2.2%$17 thousand

State tax money9.7%

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

From the state
9.7%$76 thousand

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$1 thousand

Fines and other23%

Interest, rents and other
23%$180 thousand

Where it goes

Water, sewer, trash and utilities43%Parks, recreation and libraries23%Police, fire, courts and jails15%Roads, transit and parking11%Running the government and other costs7.1%Interest on debt0.2%

What stands out

23%

of Plato'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
43%$364 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$285 thousand
  • Water supply$79 thousand
Parks, recreation and libraries
23%$191 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$191 thousand
Police, fire, courts and jails
15%$130 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$123 thousand
  • Police$7 thousand
Roads, transit and parking
11%$93 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$93 thousand
Running the government and other costs
7.1%$60 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$37 thousand
  • Finance, tax collection and budgeting$17 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Interest on debt
0.2%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Plato. 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 Plato 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.