Last week, the State Auditor’s office released its final report on 2017 Minnesota Town Finances Revenues, Expenditures, and Debt.
Last week, the State Auditor’s office released its final report on 2017 Minnesota Town Finances Revenues, Expenditures, and Debt. The report analyzed the financial operations of 1,656 towns in Minnesota that provided financial information to the office of the State Auditor for the calendar year ended on Dec. 31, 2017.
The data used in preparing the report included annual town financial reporting forms, audits by certified public accountants, financial statements prepared by the town clerk or town treasurer, county auditor’s reports of indebtedness, and the Minnesota Dept. of Revenue records.
Townships in Chippewa County showed total revenues at $1,720,067, and total expenditures of $1,536,194. The total town population of Chippewa County was 3,696. Total taxable tax capacity was $19,591,085 with a 2017 payable tax levy of $1,468,375.
Total county town expenditures in 2017 included: $238,004 for general government; $91,957 for public safety; $1,069,028 for road and bridges; $300 for parks and recreation; and $14,147 for various other expenditures.
Chippewa County is located in the Upper Southwest Economic Development region. Total revenues for the region in 2017 was $8,847,759, with total expenditures coming in at $7,965,837.
According to the report, in 2017, Minnesota towns reported total revenues of $325.3 million, which is a 2.6 percent increase in revenue over 2016. From 2013 to 2017, total town revenues increased by 16.3 percent.
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