Township government · Lincoln County, MN

Lake Stay Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Lake Stay Township took in $139 thousand and spent $88 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Township taxes65%State tax money23%Fees for services (road charges)6.5%Federal tax money5.8%

What stands out

6.5%

of Lake Stay 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 taxes65%

Property tax
65%$90 thousand

Fees for services6.5%

Fees for services
6.5%$9 thousand
What's in fees for servicesOther service charges and road charges
  • Other service charges$6 thousand
  • Road charges$3 thousand

Amounts are by Census type of charge.

Federal tax money5.8%

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

From the federal government
5.8%$8 thousand

State tax money23%

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

From the state
23%$32 thousand

Where it goes

Roads, transit and parking70%Running the government and other costs22%Police, fire, courts and jails8.0%

What stands out

70%

of Lake Stay Township's spending goes to roads, transit and parking.A typical U.S. township or town of under 10,000 people spends 53%.

Spending by category100%

Roads, transit and parking
70%$62 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$62 thousand
Running the government and other costs
22%$19 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$12 thousand
  • Central staff services (personnel, purchasing, technology)$7 thousand
Police, fire, courts and jails
8.0%$7 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$7 thousand
Sources and moreWhere these numbers come from and what they cover

Lake Stay Township. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Lake Stay 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.