Village government · Isabella County, MI

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

In the latest recorded fiscal year (ended June 30, 2022), Lake Isabella took in $807 thousand and spent $650 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

State tax money72%Village taxes12%Fines and other10%Federal tax money4.7%Fees for services1.0%

What stands out

72%

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

Village taxes12%

Property tax
9.0%$73 thousand
Other taxes
3.3%$27 thousand
What's in other taxesOccupation and business licenses and other licenses
  • Occupation and business licenses$25 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

Fees for services1.0%

Fees for services
1.0%$8 thousand
What's in fees for servicesOther service charges
  • Other service charges$8 thousand

Amounts are by Census type of charge.

Federal tax money4.7%

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

From the federal government
4.7%$38 thousand

State tax money72%

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

From the state
72%$579 thousand

Fines and other10%

Interest, rents and other
10%$81 thousand
Fines
0.1%$1 thousand

Where it goes

Running the government and other costs47%Roads, transit and parking35%Sent to other local governments8.3%Police, fire, courts and jails7.8%Interest on debt2.2%

What stands out

35%

of Lake Isabella's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Running the government and other costs
47%$306 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$234 thousand
  • Other and not broken out$29 thousand
  • Finance, tax collection and budgeting$22 thousand
  • Government buildings$21 thousand
Roads, transit and parking
35%$225 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$209 thousand
  • Airports$16 thousand
Sent to other local governments
8.3%$54 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$54 thousand
Police, fire, courts and jails
7.8%$51 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$38 thousand
  • Police$13 thousand
Interest on debt
2.2%$14 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Lake Isabella. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Lake Isabella 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.