Town government · Johnson County, IN

Prince'S Lakes's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Prince'S Lakes took in $5.8 million and spent $2.5 million.

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

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Where it comes from

Fees for services (water, sewer)83%State tax money11%Town taxes5.4%County and local tax money0.7%Federal tax money0.2%Fines and other0.1%

What stands out

83%

of Prince'S Lakes' money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes5.4%

Property tax
5.1%$296 thousand
Other taxes
0.3%$15 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$10 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services83%

Fees for services
83%$4.8 million
What's in fees for servicesWater and sewer
  • Water$2.6 million
  • Sewer$2.2 million

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%$10 thousand

State tax money11%

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

From the state
11%$626 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$40 thousand

Fines and other0.1%

Interest, rents and other
0.1%$7 thousand

Where it goes

Water, sewer, trash and utilities37%Running the government and other costs27%Interest on debt14%Police, fire, courts and jails13%Roads, transit and parking8.4%Parks, recreation and libraries0.4%

What stands out

14%

of Prince'S Lakes' 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
37%$920 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$473 thousand
  • Sewer systems$447 thousand
Running the government and other costs
27%$673 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$507 thousand
  • Central staff services (personnel, purchasing, technology)$105 thousand
  • Finance, tax collection and budgeting$61 thousand
Interest on debt
14%$340 thousand
Police, fire, courts and jails
13%$331 thousand
What's in police, fire, courts and jailsPolice
  • Police$331 thousand
Roads, transit and parking
8.4%$208 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$208 thousand
Parks, recreation and libraries
0.4%$10 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$10 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Prince'S Lakes. 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 Prince'S Lakes 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.