Town government · Iowa County, WI

Mineral Point's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Mineral Point took in $479 thousand and spent $445 thousand.

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

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Where it comes from

Town taxes52%State tax money38%Fees for services (garbage collection, road charges)9.4%Fines and other0.2%

What stands out

9.4%

of Mineral Point'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 taxes52%

Property tax
51%$245 thousand
Other taxes
1.0%$5 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$4 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Fees for services9.4%

Fees for services
9.4%$45 thousand
What's in fees for servicesGarbage collection and road charges
  • Garbage collection$42 thousand
  • Road charges$3 thousand

Amounts are by Census type of charge.

State tax money38%

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

From the state
38%$183 thousand

Fines and other0.2%

Interest, rents and other
0.2%$1 thousand

Where it goes

Roads, transit and parking56%Running the government and other costs18%Police, fire, courts and jails11%Water, sewer, trash and utilities9.9%Health and hospitals2.7%Interest on debt1.6%

What stands out

10%

of Mineral Point'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%

Roads, transit and parking
56%$251 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$251 thousand
Running the government and other costs
18%$82 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$39 thousand
  • Finance, tax collection and budgeting$31 thousand
  • Government buildings$7 thousand
  • Other and not broken out$5 thousand
Police, fire, courts and jails
11%$49 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$49 thousand
Water, sewer, trash and utilities
9.9%$44 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$44 thousand
Health and hospitals
2.7%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Interest on debt
1.6%$7 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Mineral Point. 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 Mineral Point 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.