City government · Otter Tail County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Urbank took in $79 thousand and spent $73 thousand.

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

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Where it comes from

Fees for services (sewer)34%State tax money22%City taxes20%Fines and other18%Federal tax money3.8%County and local tax money2.5%

What stands out

18%

of Urbank's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes20%

Property tax
20%$16 thousand

Fees for services34%

Fees for services
34%$27 thousand
What's in fees for servicesSewer
  • Sewer$27 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

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

From the federal government
3.8%$3 thousand

State tax money22%

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

From the state
22%$17 thousand

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$2 thousand

Fines and other18%

Interest, rents and other
18%$14 thousand

Where it goes

Running the government and other costs38%Water, sewer, trash and utilities32%Parks, recreation and libraries15%Interest on debt9.6%Roads, transit and parking4.1%Police, fire, courts and jails1.4%

What stands out

15%

of Urbank's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
38%$28 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$11 thousand
  • Other and not broken out$11 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Water, sewer, trash and utilities
32%$23 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$23 thousand
Parks, recreation and libraries
15%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Interest on debt
9.6%$7 thousand
Roads, transit and parking
4.1%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Police, fire, courts and jails
1.4%$1 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Urbank. 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 Urbank 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.