Town government · Iron County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Knight took in $476 thousand and spent $573 thousand.

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

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Where it comes from

State tax money41%Fees for services (sewer, water)21%County and local tax money17%Town taxes10%Fines and other8.0%Federal tax money3.2%

What stands out

21%

of Knight's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Town taxes10%

Property tax
10%$48 thousand
Other taxes
0.2%$1 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$99 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$64 thousand
  • Water$30 thousand
  • Other government-run businesses$3 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

Federal tax money3.2%

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

From the federal government
3.2%$15 thousand

State tax money41%

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

From the state
41%$194 thousand

County and local tax money17%

Money passed on by the county or other local governments.

From the county and other local governments
17%$81 thousand

Fines and other8.0%

Interest, rents and other
8.0%$38 thousand

Where it goes

Water, sewer, trash and utilities37%Roads, transit and parking36%Running the government and other costs11%Police, fire, courts and jails9.9%Interest on debt5.2%Health and hospitals0.9%

What stands out

37%

of Knight's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
37%$213 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$134 thousand
  • Sewer systems$79 thousand
Roads, transit and parking
36%$205 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$205 thousand
Running the government and other costs
11%$63 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 3 more
  • Central staff services (personnel, purchasing, technology)$27 thousand
  • Finance, tax collection and budgeting$14 thousand
  • Government buildings$12 thousand
  • Other and not broken out$6 thousand
  • Other government-run businesses$4 thousand
Police, fire, courts and jails
9.9%$57 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$57 thousand
Interest on debt
5.2%$30 thousand
Health and hospitals
0.9%$5 thousand
What's in health and hospitalsPublic health
  • Public health$5 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Knight. 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 Town of Knight 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.