City government · Chisago County, MN

Taylors Falls's money: where it comes from and where it goes

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

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

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Where it comes from

City taxes52%Fees for services (water, sewer)17%State tax money17%Federal tax money12%Fines and other2.0%County and local tax money0.6%

What stands out

50%

of Taylors Falls' money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes52%

Property tax
50%$704 thousand
Other taxes
2.3%$33 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$29 thousand
  • Public utility taxes$4 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$234 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$179 thousand
  • Sewer$69 thousand
  • Parks and recreation$1 thousand
  • Road charges-$15 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$166 thousand

State tax money17%

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

From the state
17%$233 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$9 thousand

Fines and other2.0%

Interest, rents and other
1.8%$26 thousand
Fines
0.1%$2 thousand

Where it goes

Roads, transit and parking28%Police, fire, courts and jails26%Running the government and other costs21%Water, sewer, trash and utilities18%Interest on debt3.5%All other spending4.0%

What stands out

28%

of Taylors Falls' spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
28%$398 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$398 thousand
Police, fire, courts and jails
26%$369 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$232 thousand
  • Police$137 thousand
Running the government and other costs
21%$291 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$139 thousand
  • Finance, tax collection and budgeting$116 thousand
  • Central staff services (personnel, purchasing, technology)$36 thousand
Water, sewer, trash and utilities
18%$247 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$129 thousand
  • Water supply$118 thousand
Interest on debt
3.5%$49 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$45 thousand
  • Interest on water supply debt$4 thousand
Parks, recreation and libraries
3.1%$44 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$33 thousand
  • Libraries$11 thousand
Housing and community development
0.9%$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Taylors Falls. 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 Taylors Falls 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.