Credit River, MN town hall & government
Credit River spent $3.2 million in the year to December 31, 2024, about $577 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Credit River's government.
Where Credit River's money goes
Where the money comes from
- Property taxes 50%
- Interest, fines & other 16%
- From the federal government 12%
- Other taxes & licenses 8%
- Fees & charges 7%
- From the state 7%
Who works for Credit River
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.
Lakeville Public School District
Credit River's K–12 school district, shared with Lakeville, New Market, Elko New Market and Eureka. 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 38%
- State 59%
- Federal 3%
Of the $14,782 per pupil, $9,612 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.
Also serving Credit River: Prior Lake-Savage Area Schools ($14,061 per pupil).
Which schools Credit River kids attend, test scores and graduation rate →
What homeowners in Credit River 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.
Contact Credit River's government
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.