City government · Cottonwood County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Storden took in $408 thousand and spent $427 thousand.

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

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Where it comes from

Fees for services (water, garbage collection)40%City taxes28%State tax money24%Fines and other5.1%Federal tax money2.7%

What stands out

24%

of Storden's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes28%

Property tax
28%$114 thousand

Fees for services40%

Fees for services
40%$164 thousand
What's in fees for servicesWater; other service charges and 1 more
  • Water$135 thousand
  • Other service charges$16 thousand
  • Garbage collection$13 thousand

Amounts are by Census type of charge.

Federal tax money2.7%

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

From the federal government
2.7%$11 thousand

State tax money24%

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

From the state
24%$98 thousand

Fines and other5.1%

Interest, rents and other
5.1%$21 thousand

Where it goes

Water, sewer, trash and utilities44%Running the government and other costs17%Police, fire, courts and jails14%Roads, transit and parking11%Interest on debt7.7%All other spending6.3%

What stands out

7.7%

of Storden's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
44%$188 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$172 thousand
  • Garbage and solid waste$16 thousand
Running the government and other costs
17%$72 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$35 thousand
  • Finance, tax collection and budgeting$28 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
Police, fire, courts and jails
14%$61 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$61 thousand
Roads, transit and parking
11%$46 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$46 thousand
Interest on debt
7.7%$33 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$32 thousand
  • Interest on general debt$1 thousand
Parks, recreation and libraries
4.0%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Health and hospitals
2.3%$10 thousand
What's in health and hospitalsPublic health
  • Public health$10 thousand
Sources and moreWhere these numbers come from and what they cover

City of Storden. 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 Storden 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.