City government · Chisago County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Wyoming took in $11.2 million and spent $12.2 million.

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

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Where it comes from

City taxes51%Fees for services (sewer, water)24%State tax money14%Fines and other9.4%Federal tax money1.4%

What stands out

46%

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

City taxes51%

Property tax
46%$5.2 million
Other taxes
4.6%$515 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$346 thousand
  • Other licenses$169 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$2.7 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$1.2 million
  • Water$906 thousand
  • Road charges$460 thousand
  • Parks and recreation$87 thousand
  • Other service charges$62 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

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

From the federal government
1.4%$155 thousand

State tax money14%

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

From the state
14%$1.6 million

Fines and other9.4%

Interest, rents and other
9.3%$1.0 million
Fines
<0.1%$10 thousand

Where it goes

Roads, transit and parking48%Water, sewer, trash and utilities22%Police, fire, courts and jails19%Running the government and other costs6.3%Parks, recreation and libraries2.8%Interest on debt2.2%

What stands out

48%

of Wyoming'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%

Roads, transit and parking
48%$5.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5.9 million
Water, sewer, trash and utilities
22%$2.7 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$1.6 million
  • Water supply$1.1 million
Police, fire, courts and jails
19%$2.3 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.8 million
  • Fire protection$418 thousand
Running the government and other costs
6.3%$765 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$508 thousand
  • Other and not broken out$229 thousand
  • Central staff services (personnel, purchasing, technology)$28 thousand
Parks, recreation and libraries
2.8%$339 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$298 thousand
  • Libraries$41 thousand
Interest on debt
2.2%$274 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$216 thousand
  • Interest on water supply debt$58 thousand
Sources and moreWhere these numbers come from and what they cover

City of Wyoming. 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 Wyoming 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.