City government · Norman County, MN

Twin Valley's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Twin Valley took in $2.0 million and spent $2.0 million.

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

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Where it comes from

Fees for services (liquor stores, water)64%State tax money22%City taxes9.6%Federal tax money2.6%Fines and other1.9%

What stands out

64%

of Twin Valley's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes9.6%

Property tax
9.5%$190 thousand
Other taxes
0.1%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services64%

Fees for services
64%$1.3 million
What's in fees for servicesLiquor stores; water and 5 more
  • Liquor stores$656 thousand
  • Water$265 thousand
  • Garbage collection$100 thousand
  • Sewer$99 thousand
  • Parks and recreation$61 thousand
  • Road charges$52 thousand
  • Other service charges$44 thousand

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government
2.6%$51 thousand

State tax money22%

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

From the state
22%$439 thousand

Fines and other1.9%

Interest, rents and other
1.9%$37 thousand
Fines
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities60%Police, fire, courts and jails12%Parks, recreation and libraries8.9%Roads, transit and parking8.0%Running the government and other costs7.1%All other spending3.9%

What stands out

60%

of Twin Valley's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
60%$1.2 million
What's in water, sewer, trash and utilitiesLiquor stores; water supply and 2 more
  • Liquor stores$620 thousand
  • Water supply$306 thousand
  • Sewer systems$209 thousand
  • Garbage and solid waste$78 thousand
Police, fire, courts and jails
12%$254 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$196 thousand
  • Fire protection$58 thousand
Parks, recreation and libraries
8.9%$180 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$180 thousand
Roads, transit and parking
8.0%$162 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$162 thousand
Running the government and other costs
7.1%$144 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$94 thousand
  • Finance, tax collection and budgeting$39 thousand
  • Central staff services (personnel, purchasing, technology)$11 thousand
Interest on debt
3.0%$60 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$38 thousand
  • Interest on general debt$22 thousand
Health and hospitals
1.0%$20 thousand
What's in health and hospitalsPublic health
  • Public health$20 thousand
Sources and moreWhere these numbers come from and what they cover

City of Twin Valley. 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 Twin Valley 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.