Township government · Itasca County, MN

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

In the latest recorded fiscal year (ended December 31, 2023), Trout Lake Township took in $229 thousand and spent $309 thousand.

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

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Where it comes from

Township taxes84%State tax money9.6%Fines and other3.5%Fees for services (road charges)3.1%

What stands out

84%

of Trout Lake Township's money comes from property tax.A typical U.S. township or town of under 10,000 people gets 52%.

Township taxes84%

Property tax
84%$192 thousand

Fees for services3.1%

Fees for services
3.1%$7 thousand
What's in fees for servicesOther government-run businesses and road charges
  • Other government-run businesses$6 thousand
  • Road charges$1 thousand

Amounts are by Census type of charge.

State tax money9.6%

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

From the state
9.6%$22 thousand

Fines and other3.5%

Interest, rents and other
3.5%$8 thousand

Where it goes

Roads, transit and parking51%Running the government and other costs28%Parks, recreation and libraries13%Police, fire, courts and jails7.8%

What stands out

13%

of Trout Lake 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%

Roads, transit and parking
51%$159 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$159 thousand
Running the government and other costs
28%$87 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$44 thousand
  • Other and not broken out$38 thousand
  • Other government-run businesses$5 thousand
Parks, recreation and libraries
13%$39 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$39 thousand
Police, fire, courts and jails
7.8%$24 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$24 thousand
Sources and moreWhere these numbers come from and what they cover

Trout Lake Township. 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 Trout Lake 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.