Township government · Madison 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 $491 thousand and spent $362 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Township taxes93%Fines and other4.3%Fees for services2.9%

What stands out

17%

of Lafayette Township's money comes from a personal income tax.Most U.S. townships and towns of under 10,000 people get none.

Township taxes93%

Property tax
76%$372 thousand
Individual income tax
17%$84 thousand

Fees for services2.9%

Fees for services
2.9%$14 thousand
What's in fees for servicesOther service charges
  • Other service charges$14 thousand

Amounts are by Census type of charge.

Fines and other4.3%

Interest, rents and other
4.3%$21 thousand

Where it goes

Police, fire, courts and jails78%Social services11%Running the government and other costs10%

What stands out

78%

of Lafayette Township's spending goes to police, fire, courts and jails.A typical U.S. township or town of under 10,000 people spends 6.7%.

Spending by category100%

Police, fire, courts and jails
78%$284 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$281 thousand
  • Courts and legal services$3 thousand
Social services
11%$40 thousand
What's in social servicesOther public welfare
  • Other public welfare$40 thousand
Running the government and other costs
10%$38 thousand
What's in running the government and other costsGovernment buildings; finance, tax collection and budgeting and 2 more
  • Government buildings$23 thousand
  • Finance, tax collection and budgeting$10 thousand
  • Other government-run businesses$4 thousand
  • Central staff services (personnel, purchasing, technology)$1 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.