Town government · St Joseph County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Lakeville took in $1.8 million and spent $1.8 million.

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

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Where it comes from

Fees for services (sewer, water)44%State tax money42%Town taxes12%County and local tax money1.0%Fines and other0.4%

What stands out

42%

of Lakeville's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes12%

Property tax
12%$217 thousand
Other taxes
0.2%$4 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$3 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$808 thousand
What's in fees for servicesSewer; water and 2 more
  • Sewer$448 thousand
  • Water$300 thousand
  • Garbage collection$59 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money42%

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

From the state
42%$773 thousand

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$19 thousand

Fines and other0.4%

Interest, rents and other
0.3%$5 thousand
Fines
0.1%$2 thousand

Where it goes

Running the government and other costs63%Water, sewer, trash and utilities24%Roads, transit and parking4.8%Interest on debt4.2%Housing and community development4.0%Parks, recreation and libraries0.5%

What stands out

63%

of Lakeville's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
63%$1.1 million
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$933 thousand
  • Central staff services (personnel, purchasing, technology)$172 thousand
Water, sewer, trash and utilities
24%$422 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$346 thousand
  • Water supply$64 thousand
  • Garbage and solid waste$12 thousand
Roads, transit and parking
4.8%$85 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$85 thousand
Interest on debt
4.2%$75 thousand
Housing and community development
4.0%$71 thousand
Parks, recreation and libraries
0.5%$9 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$9 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lakeville. 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 Lakeville 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.