Township government · Saginaw County, MI

Lakefield Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended March 31, 2022), Lakefield Township took in $419 thousand and spent $551 thousand.

Latest recorded year: ended March 31, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Township taxes54%State tax money26%Fees for services14%Federal tax money4.8%Fines and other1.4%

What stands out

14%

of Lakefield Township's money comes from fees for services such as water, sewer and parking.Most U.S. townships and towns of under 10,000 people get none.

Township taxes54%

Property tax
53%$224 thousand
Other taxes
1.0%$4 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$4 thousand

Amounts are by Census tax category.

Fees for services14%

Fees for services
14%$58 thousand
What's in fees for servicesOther service charges
  • Other service charges$58 thousand

Amounts are by Census type of charge.

Federal tax money4.8%

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

From the federal government
4.8%$20 thousand

State tax money26%

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

From the state
26%$107 thousand

Fines and other1.4%

Interest, rents and other
1.4%$6 thousand

Where it goes

Running the government and other costs25%Police, fire, courts and jails23%Sent to other local governments22%Roads, transit and parking20%Water, sewer, trash and utilities11%Parks, recreation and libraries0.2%

What stands out

22%

of Lakefield Township's spending goes to local governments.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
25%$136 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$51 thousand
  • Central staff services (personnel, purchasing, technology)$39 thousand
  • Finance, tax collection and budgeting$37 thousand
  • Government buildings$9 thousand
Police, fire, courts and jails
23%$126 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 1 more
  • Fire protection$119 thousand
  • Inspections and regulation$6 thousand
  • Courts and legal services$1 thousand
Sent to other local governments
22%$119 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$119 thousand
Roads, transit and parking
20%$111 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$111 thousand
Water, sewer, trash and utilities
11%$58 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$58 thousand
Parks, recreation and libraries
0.2%$1 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Lakefield Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended March 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Lakefield Township 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.