City government · McHenry County, ND
Velva's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Velva took in $978 thousand and spent $456 thousand.
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Where it comes from
What stands out
of Velva's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.
City taxes44%
What's in other taxesAlcoholic beverage licenses
- Alcoholic beverage licenses$6 thousand
Amounts are by Census tax category.
Fees for services44%
What's in fees for servicesWater; sewer and 1 more
- Water$240 thousand
- Sewer$104 thousand
- Garbage collection$82 thousand
Amounts are by Census type of charge.
State tax money13%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Velva'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%
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$113 thousand
- Sewer systems$77 thousand
- Garbage and solid waste$76 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$170 thousand
Sources and moreWhere these numbers come from and what they cover
City of Velva. 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 Velva 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.