City government · Lyon County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Tracy took in $8.1 million and spent $11.5 million.

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

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Where it comes from

Fees for services (liquor stores, water)51%State tax money18%City taxes16%Federal tax money12%Fines and other3.0%County and local tax money0.2%

What stands out

12%

of Tracy's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes16%

Property tax
16%$1.3 million
Other taxes
0.6%$47 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$24 thousand
  • Other licenses$23 thousand

Amounts are by Census tax category.

Fees for services51%

Fees for services
51%$4.1 million
What's in fees for servicesOther service charges; liquor stores and 8 more
  • Other service charges$1.5 million
  • Liquor stores$849 thousand
  • Water$645 thousand
  • Sewer$589 thousand
  • Garbage collection$165 thousand
  • Housing$154 thousand
  • Parks and recreation$67 thousand
  • Airport$40 thousand
  • Road charges$38 thousand
  • Other government-run businesses$12 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%$964 thousand

State tax money18%

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

From the state
18%$1.4 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$16 thousand

Fines and other3.0%

Interest, rents and other
3.0%$238 thousand
Fines
<0.1%$5 thousand

Where it goes

Water, sewer, trash and utilities35%Roads, transit and parking27%Running the government and other costs19%Interest on debt5.7%Housing and community development5.0%All other spending7.9%

What stands out

27%

of Tracy's 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%

Water, sewer, trash and utilities
35%$4.1 million
What's in water, sewer, trash and utilitiesSewer systems; liquor stores and 2 more
  • Sewer systems$2.3 million
  • Liquor stores$823 thousand
  • Water supply$737 thousand
  • Garbage and solid waste$148 thousand
Roads, transit and parking
27%$3.1 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$2.7 million
  • Airports$417 thousand
Running the government and other costs
19%$2.2 million
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$1.8 million
  • Finance, tax collection and budgeting$415 thousand
  • Central staff services (personnel, purchasing, technology)$30 thousand
  • Other government-run businesses$1 thousand
Interest on debt
5.7%$661 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$573 thousand
  • Interest on water supply debt$88 thousand
Housing and community development
5.0%$580 thousand
Police, fire, courts and jails
5.0%$574 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$395 thousand
  • Fire protection$179 thousand
Parks, recreation and libraries
3.0%$343 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$227 thousand
  • Libraries$116 thousand
Sources and moreWhere these numbers come from and what they cover

City of Tracy. 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 Tracy 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.