Township government · Allegan County, MI

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

In the latest recorded fiscal year (ended March 31, 2022), Laketown Township took in $3.6 million and spent $4.0 million.

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

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Where it comes from

Township taxes61%State tax money18%Fees for services (water, sewer)10%Federal tax money8.7%Fines and other2.1%

What stands out

10%

of Laketown 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 taxes61%

Property tax
56%$2.0 million
Other taxes
5.1%$182 thousand
What's in other taxesOther licenses
  • Other licenses$182 thousand

Amounts are by Census tax category.

Fees for services10%

Fees for services
10%$368 thousand
What's in fees for servicesOther service charges; water and 1 more
  • Other service charges$345 thousand
  • Water$15 thousand
  • Sewer$8 thousand

Amounts are by Census type of charge.

Federal tax money8.7%

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

From the federal government
8.7%$313 thousand

State tax money18%

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

From the state
18%$638 thousand

Fines and other2.1%

Interest, rents and other
2.0%$72 thousand
Fines
<0.1%$2 thousand

Where it goes

Running the government and other costs42%Sent to other local governments20%Police, fire, courts and jails19%Parks, recreation and libraries11%Roads, transit and parking3.7%All other spending3.1%

What stands out

20%

of Laketown 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
42%$1.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$848 thousand
  • Finance, tax collection and budgeting$388 thousand
  • Other and not broken out$368 thousand
  • Government buildings$107 thousand
Sent to other local governments
20%$822 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$822 thousand
Police, fire, courts and jails
19%$771 thousand
What's in police, fire, courts and jailsFire protection and inspections and regulation
  • Fire protection$660 thousand
  • Inspections and regulation$111 thousand
Parks, recreation and libraries
11%$459 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$459 thousand
Roads, transit and parking
3.7%$149 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$149 thousand
Water, sewer, trash and utilities
2.1%$86 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$86 thousand
Interest on debt
1.0%$39 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$29 thousand
  • Interest on water supply debt$10 thousand
Sources and moreWhere these numbers come from and what they cover

Laketown 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 Laketown 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.