Village government · Houghton County, MI

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

In the latest recorded fiscal year (ended February 28, 2022), Lake Linden took in $1.8 million and spent $1.8 million.

Latest recorded year: ended February 28, 2022Comes fromGoes to

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Where it comes from

Fees for services (housing, water)25%Fines and other22%State tax money21%Village taxes19%Federal tax money13%County and local tax money0.4%

What stands out

13%

of Lake Linden's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes19%

Property tax
17%$318 thousand
Other taxes
1.2%$22 thousand
What's in other taxesOther licenses
  • Other licenses$22 thousand

Amounts are by Census tax category.

Fees for services25%

Fees for services
25%$450 thousand
What's in fees for servicesHousing; water and 3 more
  • Housing$181 thousand
  • Water$177 thousand
  • Garbage collection$57 thousand
  • Parks and recreation$24 thousand
  • Other service charges$11 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$235 thousand

State tax money21%

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

From the state
21%$388 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$8 thousand

Fines and other22%

Interest, rents and other
22%$397 thousand

Where it goes

Running the government and other costs31%Roads, transit and parking17%Water, sewer, trash and utilities16%Parks, recreation and libraries11%Police, fire, courts and jails9.8%All other spending16%

What stands out

10%

of Lake Linden's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
31%$539 thousand
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$457 thousand
  • Central staff services (personnel, purchasing, technology)$48 thousand
  • Government buildings$25 thousand
  • Finance, tax collection and budgeting$9 thousand
Roads, transit and parking
17%$296 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$296 thousand
Water, sewer, trash and utilities
16%$280 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$205 thousand
  • Garbage and solid waste$75 thousand
Parks, recreation and libraries
11%$202 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$202 thousand
Police, fire, courts and jails
9.8%$173 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$104 thousand
  • Police$69 thousand
Housing and community development
9.7%$172 thousand
Interest on debt
4.2%$74 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$66 thousand
  • Interest on general debt$8 thousand
Sent to other local governments
1.8%$31 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$31 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Lake Linden. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended February 28, 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 Linden 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.