Township government · Floyd County, IN
Lafayette Township's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Lafayette Township took in $33 thousand and spent $37 thousand.
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Where it comes from
What stands out
of Lafayette Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.
Township taxes88%
State tax money12%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Lafayette Township's spending goes to running the government and other costs.A typical U.S. township or town of under 10,000 people spends 23%.
Spending by category100%
What's in running the government and other costsOther and not broken out
- Other and not broken out$35 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$2 thousand
Sources and moreWhere these numbers come from and what they cover
Lafayette Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of Lafayette Township 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.