City government · Lake County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Lake Station took in $18.3 million and spent $14.0 million.

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

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Where it comes from

Fees for services (water, garbage collection)45%City taxes35%State tax money18%Fines and other1.9%Federal tax money0.2%

What stands out

5.2%

of Lake Station's money comes from a personal income tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes35%

Property tax
28%$5.1 million
Individual income tax
5.2%$954 thousand
Other taxes
1.8%$335 thousand
What's in other taxesOccupation and business licenses; public utility taxes and 1 more
  • Occupation and business licenses$233 thousand
  • Public utility taxes$99 thousand
  • Public utility licenses$3 thousand

Amounts are by Census tax category.

Fees for services45%

Fees for services
45%$8.3 million
What's in fees for servicesWater; garbage collection and 4 more
  • Water$5.1 million
  • Garbage collection$1.6 million
  • Sewer$1.2 million
  • Parks and recreation$195 thousand
  • Other government-run businesses$118 thousand
  • Road charges$97 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$28 thousand

State tax money18%

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

From the state
18%$3.2 million

Fines and other1.9%

Interest, rents and other
1.3%$237 thousand
Fines
0.6%$109 thousand

Where it goes

Water, sewer, trash and utilities56%Police, fire, courts and jails26%Running the government and other costs8.8%Health and hospitals6.2%Parks, recreation and libraries3.0%All other spending0.3%

What stands out

56%

of Lake Station's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
56%$7.8 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$5.5 million
  • Sewer systems$1.3 million
  • Garbage and solid waste$992 thousand
Police, fire, courts and jails
26%$3.6 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$3.1 million
  • Fire protection$254 thousand
  • Courts and legal services$217 thousand
Running the government and other costs
8.8%$1.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$1.2 million
  • Government buildings$39 thousand
  • Other and not broken out$9 thousand
Health and hospitals
6.2%$869 thousand
What's in health and hospitalsPublic health
  • Public health$869 thousand
Parks, recreation and libraries
3.0%$427 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$427 thousand
Roads, transit and parking
0.2%$22 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$22 thousand
Interest on debt
0.1%$16 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Station. 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 City of Lake Station 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.