City government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Tower took in $2.7 million and spent $2.8 million.

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

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Where it comes from

Fees for services (parks and recreation, hospital bills)37%State tax money31%City taxes15%Federal tax money8.5%County and local tax money7.3%Fines and other1.3%

What stands out

31%

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

City taxes15%

Property tax
15%$408 thousand
Other taxes
0.4%$10 thousand
What's in other taxesOther licenses
  • Other licenses$10 thousand

Amounts are by Census tax category.

Fees for services37%

Fees for services
37%$1.0 million
What's in fees for servicesParks and recreation; hospital bills and 4 more
  • Parks and recreation$486 thousand
  • Hospital bills$208 thousand
  • Water$153 thousand
  • Other service charges$84 thousand
  • Sewer$71 thousand
  • Airport$13 thousand

Amounts are by Census type of charge.

Federal tax money8.5%

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

From the federal government
8.5%$234 thousand

State tax money31%

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

From the state
31%$841 thousand

County and local tax money7.3%

Money passed on by the county or other local governments.

From the county and other local governments
7.3%$200 thousand

Fines and other1.3%

Interest, rents and other
1.3%$35 thousand
Fines
<0.1%$2 thousand

Where it goes

Roads, transit and parking42%Running the government and other costs19%Health and hospitals16%Water, sewer, trash and utilities9.4%Parks, recreation and libraries8.3%All other spending5.0%

What stands out

16%

of Tower's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
42%$1.2 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$954 thousand
  • Airports$220 thousand
Running the government and other costs
19%$529 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$289 thousand
  • Finance, tax collection and budgeting$181 thousand
  • Central staff services (personnel, purchasing, technology)$59 thousand
Health and hospitals
16%$455 thousand
What's in health and hospitalsPublic health
  • Public health$455 thousand
Water, sewer, trash and utilities
9.4%$264 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$158 thousand
  • Sewer systems$106 thousand
Parks, recreation and libraries
8.3%$233 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$233 thousand
Police, fire, courts and jails
3.0%$83 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$42 thousand
  • Police$41 thousand
Interest on debt
1.9%$53 thousand
Housing and community development
0.1%$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Tower. 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 Tower 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.