City government · Fillmore County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Wykoff took in $750 thousand and spent $838 thousand.

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

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Where it comes from

Fees for services (sewer, water)35%City taxes27%State tax money24%Fines and other13%Federal tax money0.9%

What stands out

13%

of Wykoff'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 taxes27%

Property tax
27%$199 thousand
Other taxes
0.3%$2 thousand
What's in other taxesOther licenses
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$264 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$120 thousand
  • Water$90 thousand
  • Other service charges$40 thousand
  • Parks and recreation$14 thousand

Amounts are by Census type of charge.

Federal tax money0.9%

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

From the federal government
0.9%$7 thousand

State tax money24%

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

From the state
24%$177 thousand

Fines and other13%

Interest, rents and other
13%$101 thousand

Where it goes

Water, sewer, trash and utilities51%Roads, transit and parking15%Police, fire, courts and jails11%Running the government and other costs11%Interest on debt6.7%All other spending5.3%

What stands out

51%

of Wykoff'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
51%$427 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$308 thousand
  • Water supply$119 thousand
Roads, transit and parking
15%$124 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$124 thousand
Police, fire, courts and jails
11%$94 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$70 thousand
  • Police$24 thousand
Running the government and other costs
11%$93 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$55 thousand
  • Finance, tax collection and budgeting$32 thousand
  • Central staff services (personnel, purchasing, technology)$6 thousand
Interest on debt
6.7%$56 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$53 thousand
  • Interest on water supply debt$3 thousand
Parks, recreation and libraries
4.2%$35 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$35 thousand
Health and hospitals
1.1%$9 thousand
What's in health and hospitalsPublic health
  • Public health$9 thousand
Sources and moreWhere these numbers come from and what they cover

City of Wykoff. 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 Wykoff 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.