City government · Steele County, ND

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

In the latest recorded fiscal year (ended December 31, 2023), Hope took in $1.3 million and spent $1.3 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, water)61%City taxes16%Fines and other15%State tax money8.8%

What stands out

15%

of Hope'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 taxes16%

Other taxes
8.8%$113 thousand
What's in other taxesOther selective sales taxes
  • Other selective sales taxes$113 thousand

Amounts are by Census tax category.

Property tax
6.7%$86 thousand

Fees for services61%

Fees for services
61%$778 thousand
What's in fees for servicesElectric power; water and 2 more
  • Electric power$513 thousand
  • Water$180 thousand
  • Other service charges$51 thousand
  • Garbage collection$34 thousand

Amounts are by Census type of charge.

State tax money8.8%

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

From the state
8.8%$113 thousand

Fines and other15%

Interest, rents and other
15%$190 thousand

Where it goes

Water, sewer, trash and utilities49%Running the government and other costs35%Interest on debt9.9%Roads, transit and parking4.0%Police, fire, courts and jails1.6%

What stands out

10%

of Hope'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
49%$653 thousand
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$503 thousand
  • Water supply$97 thousand
  • Garbage and solid waste$53 thousand
Running the government and other costs
35%$469 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$262 thousand
  • Central staff services (personnel, purchasing, technology)$207 thousand
Interest on debt
9.9%$132 thousand
What's in interest on debtInterest on water supply debt; interest on general debt and 1 more
  • Interest on water supply debt$83 thousand
  • Interest on general debt$34 thousand
  • Interest on electric power debt$15 thousand
Roads, transit and parking
4.0%$53 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$53 thousand
Police, fire, courts and jails
1.6%$21 thousand
What's in police, fire, courts and jailsPolice
  • Police$21 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hope. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Hope 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.