Town government · Wabash County, IN

Lagro's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Lagro took in $331 thousand and spent $110 thousand.

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

See every government that serves your ZIP

Where it comes from

Fees for services (sewer, water)69%Town taxes18%Federal tax money13%

What stands out

13%

of Lagro's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes18%

Property tax
18%$58 thousand

Fees for services69%

Fees for services
69%$229 thousand
What's in fees for servicesSewer and water
  • Sewer$122 thousand
  • Water$107 thousand

Amounts are by Census type of charge.

Federal tax money13%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
13%$44 thousand

Where it goes

Water, sewer, trash and utilities48%Running the government and other costs36%Interest on debt15%

What stands out

15%

of Lagro's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Water, sewer, trash and utilities
48%$53 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$53 thousand
Running the government and other costs
36%$40 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$40 thousand
Interest on debt
15%$17 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lagro. 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 Town of Lagro 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.