City government · Faribault County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Walters took in $174 thousand and spent $113 thousand.

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

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Where it comes from

Fees for services (sewer, water)34%State tax money25%City taxes22%Fines and other17%Federal tax money2.3%

What stands out

17%

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

City taxes22%

Property tax
21%$37 thousand
Other taxes
0.6%$1 thousand
What's in other taxesOther licenses
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$59 thousand
What's in fees for servicesSewer; other service charges and 3 more
  • Sewer$28 thousand
  • Other service charges$16 thousand
  • Water$11 thousand
  • Garbage collection$3 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money2.3%

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

From the federal government
2.3%$4 thousand

State tax money25%

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

From the state
25%$44 thousand

Fines and other17%

Interest, rents and other
17%$29 thousand

Where it goes

Police, fire, courts and jails34%Water, sewer, trash and utilities20%Running the government and other costs17%Interest on debt16%Roads, transit and parking12%Parks, recreation and libraries0.9%

What stands out

16%

of Walters' spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Police, fire, courts and jails
34%$38 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$38 thousand
Water, sewer, trash and utilities
20%$23 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$11 thousand
  • Water supply$8 thousand
  • Garbage and solid waste$4 thousand
Running the government and other costs
17%$19 thousand
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$9 thousand
  • Finance, tax collection and budgeting$7 thousand
  • Central staff services (personnel, purchasing, technology)$2 thousand
  • Other government-run businesses$1 thousand
Interest on debt
16%$18 thousand
Roads, transit and parking
12%$14 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$14 thousand
Parks, recreation and libraries
0.9%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Walters. 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 Walters 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.