County government · Lake County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Lake County took in $43.7 million and spent $35.5 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Fines and other36%County taxes36%State tax money18%Federal tax money9.9%

What stands out

27%

of Lake County's money comes from interest, rents and other revenue.A typical U.S. county of under 50,000 people gets 4.1%.

County taxes36%

Property tax
27%$11.8 million
Sales tax
6.5%$2.8 million
Other taxes
2.2%$973 thousand
What's in other taxesReal estate and stock transfer taxes
  • Real estate and stock transfer taxes$973 thousand

Amounts are by Census tax category.

Federal tax money9.9%

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

From the federal government
9.9%$4.3 million

State tax money18%

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

From the state
18%$7.8 million

Fines and other36%

Interest, rents and other
27%$11.8 million
Fines
9.3%$4.1 million

Where it goes

Social services28%Running the government and other costs26%Roads, transit and parking21%Police, fire, courts and jails17%Parks, recreation and libraries3.5%All other spending4.9%

What stands out

28%

of Lake County's spending goes to social services.Most U.S. counties of under 50,000 people spend nothing on this.

Spending by category100%

Social services
28%$10.1 million
What's in social servicesWelfare institutions
  • Welfare institutions$10.1 million
Running the government and other costs
26%$9.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$6.2 million
  • Central staff services (personnel, purchasing, technology)$1.8 million
  • Finance, tax collection and budgeting$1.3 million
Roads, transit and parking
21%$7.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7.3 million
Police, fire, courts and jails
17%$5.9 million
What's in police, fire, courts and jailsPolice; prisons and jails and 1 more
  • Police$5.8 million
  • Prisons and jails$102 thousand
  • Courts and legal services$27 thousand
Parks, recreation and libraries
3.5%$1.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.2 million
Environment and natural resources
2.1%$739 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$739 thousand
Water, sewer, trash and utilities
1.5%$541 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$541 thousand
Interest on debt
0.9%$302 thousand
Health and hospitals
0.4%$143 thousand
What's in health and hospitalsPublic health
  • Public health$143 thousand
Sources and moreWhere these numbers come from and what they cover

Lake County. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Lake County 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.