City government · Scott County, MN

Prior Lake's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Prior Lake took in $44.0 million and spent $42.4 million.

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

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Where it comes from

City taxes46%Fees for services (water, sewer)31%County and local tax money8.9%Fines and other8.3%State tax money5.8%

What stands out

44%

of Prior Lake's money comes from property tax.A typical U.S. city of 10,000 to 50,000 people gets 19%.

City taxes46%

Property tax
44%$19.4 million
Other taxes
2.1%$924 thousand
What's in other taxesOccupation and business licenses and alcoholic beverage licenses
  • Occupation and business licenses$838 thousand
  • Alcoholic beverage licenses$86 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$13.5 million
What's in fees for servicesWater; sewer and 4 more
  • Water$6.1 million
  • Sewer$4.7 million
  • Parks, land and natural resources$1.4 million
  • Other service charges$1.1 million
  • Parks and recreation$240 thousand
  • Parking$27 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$3 thousand

State tax money5.8%

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

From the state
5.8%$2.6 million

County and local tax money8.9%

Money passed on by the county or other local governments.

From the county and other local governments
8.9%$3.9 million

Fines and other8.3%

Interest, rents and other
8.3%$3.7 million
Fines
<0.1%$3 thousand

Where it goes

Roads, transit and parking27%Police, fire, courts and jails24%Water, sewer, trash and utilities16%Parks, recreation and libraries11%Running the government and other costs9.1%All other spending12%

What stands out

27%

of Prior Lake's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Roads, transit and parking
27%$11.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$11.6 million
Police, fire, courts and jails
24%$10.0 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$6.7 million
  • Fire protection$2.3 million
  • Inspections and regulation$848 thousand
  • Courts and legal services$230 thousand
Water, sewer, trash and utilities
16%$6.9 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$4.4 million
  • Sewer systems$2.5 million
Parks, recreation and libraries
11%$4.8 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$4.7 million
  • Libraries$62 thousand
Running the government and other costs
9.1%$3.8 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$1.5 million
  • Central staff services (personnel, purchasing, technology)$1.0 million
  • Finance, tax collection and budgeting$707 thousand
  • Government buildings$590 thousand
  • Other government-run businesses$4 thousand
Sent to other local governments
5.1%$2.2 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$2.2 million
Housing and community development
2.7%$1.1 million
Interest on debt
2.6%$1.1 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$1.1 million
  • Interest on water supply debt$40 thousand
Environment and natural resources
1.9%$819 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$819 thousand
Sources and moreWhere these numbers come from and what they cover

City of Prior Lake. 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 Prior Lake 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.