City government · Le Sueur County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Waterville took in $2.9 million and spent $3.8 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

See every government that serves your ZIP

Where it comes from

City taxes36%Fees for services (sewer, water)27%State tax money25%Fines and other5.8%Federal tax money4.6%County and local tax money1.6%

What stands out

35%

of Waterville'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
35%$1.0 million
Other taxes
1.1%$31 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$17 thousand
  • Other licenses$14 thousand

Amounts are by Census tax category.

Fees for services27%

Fees for services
27%$773 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$577 thousand
  • Water$124 thousand
  • Other service charges$66 thousand
  • Garbage collection$6 thousand

Amounts are by Census type of charge.

Federal tax money4.6%

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

From the federal government
4.6%$133 thousand

State tax money25%

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

From the state
25%$727 thousand

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments
1.6%$45 thousand

Fines and other5.8%

Interest, rents and other
5.6%$161 thousand
Fines
0.3%$8 thousand

Where it goes

Water, sewer, trash and utilities39%Roads, transit and parking23%Police, fire, courts and jails21%Running the government and other costs9.7%Interest on debt3.9%Parks, recreation and libraries3.1%

What stands out

23%

of Waterville'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
39%$1.5 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$894 thousand
  • Water supply$590 thousand
  • Garbage and solid waste$1 thousand
Roads, transit and parking
23%$869 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$869 thousand
Police, fire, courts and jails
21%$802 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$637 thousand
  • Fire protection$165 thousand
Running the government and other costs
9.7%$366 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$252 thousand
  • Other and not broken out$102 thousand
  • Central staff services (personnel, purchasing, technology)$12 thousand
Interest on debt
3.9%$149 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$94 thousand
  • Interest on water supply debt$55 thousand
Parks, recreation and libraries
3.1%$116 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$108 thousand
  • Libraries$8 thousand
Sources and moreWhere these numbers come from and what they cover

City of Waterville. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Waterville 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.