Bancroft, MN town hall & government
Bancroft spent $179,000 in the year to December 31, 2022, about $221 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Bancroft's government.
Where Bancroft's money goes
Where the money comes from
- Property taxes 67%
- From the federal government 18%
- From the state 13%
- Other taxes & licenses 2%
- Interest, fines & other <1%
Revenue here is well above spending. That usually means Bancroft collects property taxes for the school district and county and passes them on, so only its own spending is counted above.
Who works for Bancroft
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.
Albert Lea Public School District
Bancroft's K–12 school district, shared with Albert Lea, Clarks Grove, Hayward, Hollandale, Manchester and Riceland. It is its own government, with a budget separate from the town's.
Where the district's money comes from Minnesota districts overall: 30% local, 62% state, 8% federal
- Local 19%
- State 73%
- Federal 8%
Of the $17,748 per pupil, $12,007 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.
Which schools Bancroft kids attend, test scores and graduation rate →
What homeowners in Bancroft pay
The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.
Contact Bancroft's government
Who represents Bancroft
Bancroft is represented in Congress by Senators Amy Klobuchar and Tina Smith and Representative Brad Finstad. Tim Walz is governor.
Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.