City government · McCook County, SD

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

In the latest recorded fiscal year (ended December 31, 2021), Bridgewater took in $1.5 million and spent $1.3 million.

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

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Where it comes from

State tax money29%Fees for services (water, sewer)26%City taxes18%Federal tax money12%Fines and other8.3%County and local tax money6.7%

What stands out

12%

of Bridgewater's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes18%

Property tax
11%$163 thousand
Sales tax
6.8%$100 thousand
Other taxes
0.2%$3 thousand
What's in other taxesOther taxes not classified elsewhere and other licenses
  • Other taxes not classified elsewhere$2 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$377 thousand
What's in fees for servicesWater; other service charges and 2 more
  • Water$134 thousand
  • Other service charges$110 thousand
  • Sewer$90 thousand
  • Garbage collection$43 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$170 thousand

State tax money29%

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

From the state
29%$432 thousand

County and local tax money6.7%

Money passed on by the county or other local governments.

From the county and other local governments
6.7%$98 thousand

Fines and other8.3%

Interest, rents and other
8.3%$122 thousand

Where it goes

Roads, transit and parking52%Water, sewer, trash and utilities20%Running the government and other costs7.2%Health and hospitals7.2%Interest on debt6.0%All other spending7.5%

What stands out

52%

of Bridgewater'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
52%$666 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$666 thousand
Water, sewer, trash and utilities
20%$260 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$135 thousand
  • Sewer systems$85 thousand
  • Garbage and solid waste$40 thousand
Running the government and other costs
7.2%$93 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 2 more
  • Finance, tax collection and budgeting$34 thousand
  • Other and not broken out$33 thousand
  • Central staff services (personnel, purchasing, technology)$21 thousand
  • Government buildings$5 thousand
Health and hospitals
7.2%$92 thousand
What's in health and hospitalsPublic health
  • Public health$92 thousand
Interest on debt
6.0%$77 thousand
Police, fire, courts and jails
5.1%$66 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$41 thousand
  • Police$25 thousand
Parks, recreation and libraries
2.4%$31 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$31 thousand
Sources and moreWhere these numbers come from and what they cover

City of Bridgewater. 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 Bridgewater 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.