City government · Goodhue County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Wanamingo took in $2.5 million and spent $2.1 million.

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

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Where it comes from

Fees for services (water, sewer)42%City taxes36%State tax money14%Fines and other8.4%Federal tax money0.2%

What stands out

34%

of Wanamingo's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes36%

Property tax
34%$851 thousand
Other taxes
1.7%$41 thousand
What's in other taxesOther licenses
  • Other licenses$41 thousand

Amounts are by Census tax category.

Fees for services42%

Fees for services
42%$1.0 million
What's in fees for servicesWater; sewer and 4 more
  • Water$402 thousand
  • Sewer$328 thousand
  • Garbage collection$154 thousand
  • Other service charges$103 thousand
  • Road charges$27 thousand
  • Parks and recreation$20 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$5 thousand

State tax money14%

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

From the state
14%$337 thousand

Fines and other8.4%

Interest, rents and other
8.3%$206 thousand
Fines
<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities35%Running the government and other costs24%Roads, transit and parking13%Police, fire, courts and jails12%Interest on debt8.9%All other spending7.4%

What stands out

8.9%

of Wanamingo's 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%

Water, sewer, trash and utilities
35%$756 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$355 thousand
  • Sewer systems$288 thousand
  • Garbage and solid waste$113 thousand
Running the government and other costs
24%$505 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$415 thousand
  • Finance, tax collection and budgeting$77 thousand
  • Central staff services (personnel, purchasing, technology)$13 thousand
Roads, transit and parking
13%$270 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$270 thousand
Police, fire, courts and jails
12%$258 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$147 thousand
  • Fire protection$111 thousand
Interest on debt
8.9%$191 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$189 thousand
  • Interest on water supply debt$2 thousand
Parks, recreation and libraries
5.6%$120 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$120 thousand
Housing and community development
1.3%$27 thousand
Health and hospitals
0.5%$11 thousand
What's in health and hospitalsPublic health
  • Public health$11 thousand
Sources and moreWhere these numbers come from and what they cover

City of Wanamingo. 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 Wanamingo 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.