Township government · Steele County, MN

Somerset Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Somerset Township took in $299 thousand and spent $195 thousand.

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

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Where it comes from

Township taxes60%Federal tax money15%Fees for services (sewer)15%State tax money11%

What stands out

15%

of Somerset Township's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes60%

Property tax
60%$178 thousand

Fees for services15%

Fees for services
15%$44 thousand
What's in fees for servicesSewer
  • Sewer$44 thousand

Amounts are by Census type of charge.

Federal tax money15%

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

From the federal government
15%$45 thousand

State tax money11%

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

From the state
11%$32 thousand

Where it goes

Roads, transit and parking53%Water, sewer, trash and utilities19%Police, fire, courts and jails18%Running the government and other costs9.7%

What stands out

19%

of Somerset Township's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
53%$103 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$103 thousand
Water, sewer, trash and utilities
19%$37 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$37 thousand
Police, fire, courts and jails
18%$36 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$36 thousand
Running the government and other costs
9.7%$19 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$10 thousand
  • Other and not broken out$8 thousand
  • Other government-run businesses$1 thousand
Sources and moreWhere these numbers come from and what they cover

Somerset Township. 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 Somerset Township 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.