Town government · Hancock County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Spring Lake took in $123 thousand and spent $39 thousand.

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

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Where it comes from

County and local tax money35%Town taxes28%Federal tax money21%State tax money12%Fines and other3.3%

What stands out

35%

of Spring Lake's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes28%

Property tax
28%$35 thousand

Federal tax money21%

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

From the federal government
21%$26 thousand

State tax money12%

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

From the state
12%$15 thousand

County and local tax money35%

Money passed on by the county or other local governments.

From the county and other local governments
35%$43 thousand

Fines and other3.3%

Interest, rents and other
3.3%$4 thousand

Where it goes

Environment and natural resources59%Running the government and other costs15%Roads, transit and parking13%Parks, recreation and libraries10%Police, fire, courts and jails2.6%

What stands out

59%

of Spring Lake's spending goes to the environment and natural resources.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Environment and natural resources
59%$23 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$23 thousand
Running the government and other costs
15%$6 thousand
What's in running the government and other costsOther and not broken out and government buildings
  • Other and not broken out$5 thousand
  • Government buildings$1 thousand
Roads, transit and parking
13%$5 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5 thousand
Parks, recreation and libraries
10%$4 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4 thousand
Police, fire, courts and jails
2.6%$1 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Spring Lake. 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 Spring Lake 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.