ZIP 55786 · Taconite, MN

Four governments run on your community's money

This page shows every government that serves ZIP 55786: the state, county, city or town and school district, and where each one's money comes from and goes.

Each government is shown for its own newest fiscal year on file, so the years differ. Figures come from the U.S. Census Bureau's Annual Survey of State and Local Government Finances, the government's own report or, for Minnesota governments, the Minnesota Office of the State Auditor, as named under Sources and more.

Where do my taxes go in 55786?
55786 is served by the State of Minnesota, Itasca County, the City of Taconite and Greenway Public School District 316. In each one's latest recorded fiscal year, State of Minnesota spent $61.5 billion (fiscal year ended June 30, 2024), Itasca County spent $215 million (fiscal year ended December 31, 2024), City of Taconite spent $803 thousand (fiscal year ended December 31, 2023) and Greenway Public School District 316 spent $21.0 million (fiscal year ended June 30, 2024). Each government's money is separate.

Which governments collect property tax in 55786?
Of the governments serving 55786, State of Minnesota collected $732 million (fiscal year ended June 30, 2024), Itasca County collected $44.0 million (fiscal year ended December 31, 2024), Greenway Public School District 316 collected $2.7 million (fiscal year ended June 30, 2024) and City of Taconite collected $274 thousand (fiscal year ended December 31, 2023) in property tax. These are each government's total collections, not a bill for 55786.

See another ZIP code

From the state down to your schools: where each one's money comes from and goes.

See the full budget for: Itasca County, Taconite and Greenway Public School District 316

Why not this year? Minnesota governments with newer filings show figures from the Minnesota Office of the State Auditor (for 2023 and 2024, each government's newest year on file). Each other figure is the newest year the U.S. Census Bureau has published for that government, so the years differ and are not the current year. Most governments post their current budget on their own website.

Where property tax goes in 55786

State of Minnesota$732 million

1.2% of its $63.0 billion in revenue · fiscal year ended June 30, 2024

Itasca County$44.0 million

21% of its $209 million in revenue · fiscal year ended December 31, 2024

Greenway Public School District 316$2.7 million

12% of its $23.1 million in revenue · fiscal year ended June 30, 2024

City of Taconite$274 thousand

38% of its $721 thousand in revenue · fiscal year ended December 31, 2023

These are each government's total property tax collections, not your bill. Your own bill is split by each government's tax rate, shown on your property tax bill.

Your county

Itasca County

$215 million budget in fiscal year 2024 (ended December 31, 2024), from the Minnesota Office of the State Auditor.

Where the money comes from

Fees for services45%County taxes25%State tax money15%Fines and other7.9%Federal tax money5.7%Local tax money0.8%
Full Itasca County breakdown

County taxes25%

Property tax
21%$44.0 million
Sales tax
3.7%$7.8 million
Other taxes
0.3%$565 thousand

Fees for services45%

Fees for services
45%$94.5 million

Federal tax money5.7%

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

From the federal government
5.7%$11.9 million

State tax money15%

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

From the state
15%$31.8 million

Local tax money0.8%

Money passed on by the county or other local governments.

From other local governments
0.8%$1.7 million

Fines and other7.9%

Interest, rents and other
7.9%$16.5 million
Fines
<0.1%$64 thousand
Itasca County page →

Where the money goes

Health and hospitals44%Roads, transit and parking13%Police, fire, courts and jails13%Social services13%Running the government and other costs8.0%All other spending8.5%
Full Itasca County breakdown

Spending by category100%

Health and hospitals
44%$94.9 million
Roads, transit and parking
13%$28.7 million
Police, fire, courts and jails
13%$28.1 million
Social services
13%$27.5 million
Running the government and other costs
8.0%$17.1 million
Debt payments (principal and interest)
3.2%$6.8 million
Environment and natural resources
1.7%$3.6 million
Water, sewer, trash and utilities
1.6%$3.4 million
Housing and community development
1.2%$2.6 million
Parks, recreation and libraries
0.9%$1.9 million
Itasca County page →

Your city

City of Taconite

$803 thousand budget in fiscal year 2023 (ended December 31, 2023), from the Minnesota Office of the State Auditor.

Where the money comes from

City taxes40%Fees for services27%State tax money26%Fines and other7.6%
Full Taconite breakdown

City taxes40%

Property tax
38%$274 thousand
Other taxes
1.8%$13 thousand

Fees for services27%

Fees for services
27%$194 thousand

State tax money26%

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

From the state
26%$184 thousand

Fines and other7.6%

Interest, rents and other
7.6%$55 thousand
Fines
<0.1%$273
Taconite page →

Where the money goes

Roads, transit and parking39%Running the government and other costs29%Water, sewer, trash and utilities15%Police, fire, courts and jails11%Parks, recreation and libraries4.2%Debt payments (principal and interest)2.0%
Full Taconite breakdown

Spending by category100%

Roads, transit and parking
39%$314 thousand
Running the government and other costs
29%$234 thousand
Water, sewer, trash and utilities
15%$118 thousand
Police, fire, courts and jails
11%$86 thousand
Parks, recreation and libraries
4.2%$34 thousand
Debt payments (principal and interest)
2.0%$16 thousand
Taconite page →

Your schools

Greenway Public School District 316

$21.0 million budget in the latest fiscal year on record, which ended June 30, 2024.

Where the money comes from

State tax money72%County and local tax money12%School district taxes12%Fines and other3.0%Fees for services (school lunches, school tuition and transportation)0.8%Federal tax money0.1%

What stands out

12%

of Greenway Public School District 316's money comes from county and other local tax money.A typical school district with fewer than 5,000 students gets 1.1%.

Full Greenway Public School District 316 breakdown

School district taxes12%

Property tax
12%$2.7 million

Fees for services0.8%

Fees for services
0.8%$175 thousand
What's in fees for servicesOther school charges; school lunches and 1 more
  • Other school charges$93 thousand
  • School lunches$57 thousand
  • School tuition and transportation$25 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$32 thousand

State tax money72%

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

From the state
72%$16.6 million

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$2.9 million

Fines and other3.0%

Interest, rents and other
3.0%$694 thousand
Greenway Public School District 316 page →

Where the money goes

Schools and colleges93%Sent to other local governments4.9%Interest on debt1.7%

What stands out

4.9%

of Greenway Public School District 316's spending goes to local governments.A typical school district with fewer than 5,000 students spends 1.3%.

Full Greenway Public School District 316 breakdown

Spending by category100%

Schools and colleges
93%$19.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$19.6 million
Sent to other local governments
4.9%$1.0 million
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$738 thousand
  • Sent to the state government$284 thousand
Interest on debt
1.7%$349 thousand
Greenway Public School District 316 page →

Your state

State of Minnesota

$61.5 billion budget in the latest fiscal year on record, which ended June 30, 2024.

Where the money comes from

State taxes57%Federal tax money31%Fines and other7.0%Fees for services (college tuition, university housing and dining)5.1%Local tax money0.4%
Full Minnesota breakdown

What stands out

9.3%

of Minnesota's money comes from business income taxes.A typical state government gets 3.8%.

State taxes57%

Individual income tax
21%$13.3 billion
Sales tax
13%$8.49 billion
Other taxes
12%$7.29 billion
What's in other taxesOther selective sales taxes; motor vehicle licenses and 18 more
  • Other selective sales taxes$2.39 billion
  • Motor vehicle licenses$1.02 billion
  • Motor fuel taxes$888 million
  • Insurance premium taxes$846 million
  • Tobacco taxes$548 million
  • Occupation and business licenses$289 million
  • Estate and gift taxes$284 million
  • Real estate and stock transfer taxes$227 million
  • Amusement taxes$215 million
  • Hunting and fishing licenses$114 million
  • Alcoholic beverage taxes$111 million
  • Other licenses$95.2 million
  • Public utility taxes$86.0 million
  • Severance taxes$76.6 million
  • Driver's licenses$66.4 million
  • Corporation licenses$17.5 million
  • Amusement licenses$9.1 million
  • Public utility licenses$9.1 million
  • Alcoholic beverage licenses$3.5 million
  • Other taxes not classified elsewhere$1 thousand

Amounts are by Census tax category.

Business income tax
9.3%$5.88 billion
Property tax
1.2%$732 million

Fees for services5.1%

Fees for services
5.1%$3.21 billion
What's in fees for servicesCollege tuition; university housing and dining and 11 more
  • College tuition$1.35 billion
  • University housing and dining$720 million
  • Sewer$332 million
  • Other service charges$314 million
  • Hospital bills$279 million
  • Parks, land and natural resources$58.5 million
  • Parks and recreation$53.5 million
  • Transit fares$46.8 million
  • Housing$33.9 million
  • Road charges$15.6 million
  • Tolls on roads and bridges$3.7 million
  • Other education charges$1.6 million
  • Airport$1.1 million

Amounts are by Census type of charge.

Federal tax money31%

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

From the federal government
31%$19.5 billion

Local tax money0.4%

Money passed on by the county or other local governments.

From local governments
0.4%$249 million

Fines and other7.0%

Interest, rents and other
6.9%$4.35 billion
Fines
<0.1%$34.2 million
Minnesota page →

Where the money goes

Social services38%Sent to local governments32%Schools and colleges13%Roads, transit and parking4.6%Running the government and other costs4.3%All other spending8.4%

What stands out

32%

of Minnesota's spending goes to local governments.A typical state government spends 24%.

Full Minnesota breakdown

Spending by category100%

Social services
38%$23.5 billion
What's in social servicesOther public welfare; welfare institutions and 2 more
  • Other public welfare$23.2 billion
  • Welfare institutions$164 million
  • Unemployment and social insurance offices$40.3 million
  • Veterans' services$26.7 million
Sent to local governments
32%$19.6 billion
What's in sent to local governmentsSent to school districts; sent to local governments: general support and 21 more
  • Sent to school districts$12.8 billion
  • Sent to local governments: general support$2.76 billion
  • Sent to local governments: roads and highways$1.36 billion
  • Sent to local governments: other public welfare$890 million
  • Sent to local governments: other and not broken out$376 million
  • Sent to local governments: public health$283 million
  • Sent to local governments: police$211 million
  • Sent to local governments: airports$203 million
  • Sent to local governments: probation, parole and other corrections$124 million
  • Sent to local governments: other government administration$110 million
  • Sent to local governments: parks and recreation$109 million
  • Sent to local governments: natural resources, farming and conservation$105 million
  • Sent to local governments: other education$98.7 million
  • Sent to local governments: hospitals$65.9 million
  • Sent to local governments: housing and community development$40.1 million
  • Sent to local governments: central staff services (personnel, purchasing, technology)$30.2 million
  • Sent to local governments: libraries$23.4 million
  • Sent to local governments: finance, tax collection and budgeting$16.3 million
  • Sent to local governments: courts and legal services$9.5 million
  • Sent to local governments: sewer systems$2.8 million
  • Sent to local governments: garbage and solid waste$2.3 million
  • Sent to local governments: inspections and regulation$1.0 million
  • Sent to the federal government$509 thousand
Schools and colleges
13%$7.82 billion
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 2 more
  • Colleges and universities$5.48 billion
  • Scholarships and other education subsidies$1.05 billion
  • College housing, dining and bookstores$742 million
  • Other education$558 million
Roads, transit and parking
4.6%$2.81 billion
What's in roads, transit and parkingRoads and highways; public transit and 2 more
  • Roads and highways$2.29 billion
  • Public transit$507 million
  • Airports$13.7 million
  • Toll roads and bridges$2.1 million
Running the government and other costs
4.3%$2.64 billion
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 3 more
  • Finance, tax collection and budgeting$1.47 billion
  • Other and not broken out$649 million
  • Central staff services (personnel, purchasing, technology)$310 million
  • Other government administration$162 million
  • Government buildings$51.4 million
Police, fire, courts and jails
3.4%$2.08 billion
What's in police, fire, courts and jailsCourts and legal services; police and 3 more
  • Courts and legal services$714 million
  • Police$623 million
  • Prisons and jails$536 million
  • Probation, parole and other corrections$106 million
  • Inspections and regulation$100 million
Health and hospitals
1.7%$1.03 billion
What's in health and hospitalsPublic health and hospitals
  • Public health$737 million
  • Hospitals$291 million
Environment and natural resources
1.4%$858 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$858 million
Interest on debt
0.8%$497 million
Parks, recreation and libraries
0.5%$316 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$313 million
  • Libraries$3.1 million
Water, sewer, trash and utilities
0.3%$192 million
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 2 more
  • Sewer systems$172 million
  • Garbage and solid waste$15.9 million
  • Electric power$4.3 million
  • Gas supply$3 thousand
Housing and community development
0.3%$177 million
Minnesota page →
Sources and moreEach government's source, fiscal year and how a ZIP is matched

State of Minnesota. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

Itasca County. Minnesota Office of the State Auditor, County Finances Report raw data, 2024, fiscal year ended December 31, 2024. The earlier Census figures are from U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

City of Taconite. Minnesota Office of the State Auditor, City Finances Report raw data, 2023, fiscal year ended December 31, 2023. The earlier Census figures are from U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021.

Greenway Public School District 316. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

How these figures are counted. Minnesota county, city and township figures are the calendar-year finance reports filed with the Minnesota Office of the State Auditor, covering each government's governmental funds and its utilities and other enterprise funds, grouped into the same categories as the Census figures. Transfers between a government's own funds, borrowed money and depreciation are not counted. Debt payments include principal as well as interest, and capital purchases are counted in the year they are paid, so spending can be higher than the Census figure for the same government. Townships and some small cities report on a cash basis. County figures do not include school districts, which are separate governments.

Cash basis. Taconite reports on a cash basis, so these are money received and paid out during the year, and a year with a big construction project or loan repayment can show more spending than revenue.

How a ZIP is matched. A ZIP code is not a government boundary, so we match it to the cities, counties and school districts that overlap it, using Census Bureau geography. Where a ZIP crosses several, each one is shown with its share of the ZIP. Each government's money covers its own operations only; the others listed here are separate.

Latest recorded year. The year differs by government: each block shows the newest fiscal year on file. A Census survey year covers fiscal years ending July 1 of the year before through June 30 of that year.