Township government · Carver County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Laketown Township took in $1.2 million and spent $900 thousand.

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

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Where it comes from

Township taxes44%Fees for services (sewer, garbage collection)25%Fines and other16%Federal tax money10%State tax money3.1%County and local tax money1.0%

What stands out

25%

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 taxes44%

Property tax
44%$515 thousand
Other taxes
0.4%$5 thousand
What's in other taxesOther licenses
  • Other licenses$5 thousand

Amounts are by Census tax category.

Fees for services25%

Fees for services
25%$298 thousand
What's in fees for servicesSewer; garbage collection and 1 more
  • Sewer$242 thousand
  • Garbage collection$31 thousand
  • Road charges$25 thousand

Amounts are by Census type of charge.

Federal tax money10%

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

From the federal government
10%$121 thousand

State tax money3.1%

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

From the state
3.1%$37 thousand

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$12 thousand

Fines and other16%

Interest, rents and other
15%$180 thousand
Fines
0.7%$8 thousand

Where it goes

Roads, transit and parking36%Running the government and other costs24%Water, sewer, trash and utilities24%Police, fire, courts and jails12%Interest on debt3.0%

What stands out

24%

of Laketown Township's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
36%$328 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$328 thousand
Running the government and other costs
24%$217 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$151 thousand
  • Central staff services (personnel, purchasing, technology)$66 thousand
Water, sewer, trash and utilities
24%$217 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$217 thousand
Police, fire, courts and jails
12%$111 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$111 thousand
Interest on debt
3.0%$27 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 December 31, 2021. 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.