Township government · St Louis County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Lakewood Township took in $647 thousand and spent $453 thousand.

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

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Where it comes from

Township taxes64%Federal tax money19%State tax money14%County and local tax money2.5%Fines and other0.5%

What stands out

19%

of Lakewood Township's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Township taxes64%

Property tax
63%$405 thousand
Other taxes
1.9%$12 thousand
What's in other taxesOther licenses
  • Other licenses$12 thousand

Amounts are by Census tax category.

Federal tax money19%

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

From the federal government
19%$123 thousand

State tax money14%

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

From the state
14%$88 thousand

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$16 thousand

Fines and other0.5%

Interest, rents and other
0.3%$2 thousand
Fines
0.2%$1 thousand

Where it goes

Running the government and other costs40%Roads, transit and parking35%Parks, recreation and libraries11%Police, fire, courts and jails11%Water, sewer, trash and utilities4.0%

What stands out

11%

of Lakewood Township's spending goes to parks, recreation and libraries.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
40%$179 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$112 thousand
  • Central staff services (personnel, purchasing, technology)$67 thousand
Roads, transit and parking
35%$157 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$157 thousand
Parks, recreation and libraries
11%$50 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$50 thousand
Police, fire, courts and jails
11%$49 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$49 thousand
Water, sewer, trash and utilities
4.0%$18 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$18 thousand
Sources and moreWhere these numbers come from and what they cover

Lakewood 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 Lakewood 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.