City government · Nobles County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Round Lake took in $1.5 million and spent $1.4 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, water)74%State tax money10%City taxes8.4%Fines and other5.6%Federal tax money1.3%

What stands out

74%

of Round Lake'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 taxes8.4%

Property tax
8.4%$129 thousand
Other taxes
<0.1%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services74%

Fees for services
74%$1.1 million
What's in fees for servicesElectric power; other service charges and 4 more
  • Electric power$576 thousand
  • Other service charges$387 thousand
  • Water$118 thousand
  • Parks and recreation$45 thousand
  • Other government-run businesses$9 thousand
  • Sewer$7 thousand

Amounts are by Census type of charge.

Federal tax money1.3%

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

From the federal government
1.3%$20 thousand

State tax money10%

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

From the state
10%$161 thousand

Fines and other5.6%

Interest, rents and other
5.6%$86 thousand

Where it goes

Water, sewer, trash and utilities46%Running the government and other costs31%Roads, transit and parking8.9%Parks, recreation and libraries8.1%Police, fire, courts and jails5.9%Interest on debt0.3%

What stands out

8.1%

of Round Lake'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
46%$654 thousand
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$418 thousand
  • Water supply$124 thousand
  • Sewer systems$61 thousand
  • Garbage and solid waste$51 thousand
Running the government and other costs
31%$431 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$386 thousand
  • Finance, tax collection and budgeting$32 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
  • Other government-run businesses$2 thousand
Roads, transit and parking
8.9%$125 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$125 thousand
Parks, recreation and libraries
8.1%$115 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$115 thousand
Police, fire, courts and jails
5.9%$83 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$76 thousand
  • Police$7 thousand
Interest on debt
0.3%$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Round Lake. 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 Round 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.