Town government · Lake County, IN

Cedar Lake's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Cedar Lake took in $30.5 million and spent $32.3 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)51%Town taxes33%State tax money10%Fines and other4.3%County and local tax money1.6%

What stands out

51%

of Cedar Lake's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

Town taxes33%

Property tax
27%$8.1 million
Other taxes
6.3%$1.9 million
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$1.7 million
  • Public utility taxes$169 thousand
  • Other selective sales taxes$5 thousand

Amounts are by Census tax category.

Fees for services51%

Fees for services
51%$15.6 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$9.8 million
  • Water$3.8 million
  • Garbage collection$1.4 million
  • Other service charges$537 thousand
  • Parks and recreation$69 thousand

Amounts are by Census type of charge.

State tax money10%

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

From the state
10%$3.1 million

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments
1.6%$476 thousand

Fines and other4.3%

Interest, rents and other
4.3%$1.3 million
Fines
<0.1%$7 thousand

Where it goes

Running the government and other costs43%Water, sewer, trash and utilities30%Police, fire, courts and jails14%Housing and community development5.4%Parks, recreation and libraries3.4%All other spending3.7%

What stands out

43%

of Cedar Lake's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
43%$13.9 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
  • Other and not broken out$7.8 million
  • Government buildings$3.9 million
  • Central staff services (personnel, purchasing, technology)$2.1 million
  • Finance, tax collection and budgeting$111 thousand
Water, sewer, trash and utilities
30%$9.8 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$4.3 million
  • Sewer systems$4.0 million
  • Garbage and solid waste$1.5 million
Police, fire, courts and jails
14%$4.5 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$2.6 million
  • Fire protection$1.9 million
Housing and community development
5.4%$1.7 million
Parks, recreation and libraries
3.4%$1.1 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.1 million
Roads, transit and parking
2.7%$855 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$855 thousand
Interest on debt
0.6%$195 thousand
Sent to other local governments
0.5%$150 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$150 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cedar Lake. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Town of Cedar Lake 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.