Village government · Suffolk County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Lake Grove took in $6.2 million and spent $5.4 million.

Latest recorded year: ended May 31, 2022Comes fromGoes to

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Where it comes from

Village taxes57%Fees for services (garbage collection, parks and recreation)28%State tax money7.2%Fines and other6.3%County and local tax money0.7%

What stands out

19%

of Lake Grove's money comes from taxes other than property, sales and income taxes.A typical U.S. city of 10,000 to 50,000 people gets 6.1%.

Village taxes57%

Property tax
39%$2.4 million
Other taxes
19%$1.1 million
What's in other taxesOther licenses and public utility taxes
  • Other licenses$660 thousand
  • Public utility taxes$478 thousand

Amounts are by Census tax category.

Fees for services28%

Fees for services
28%$1.7 million
What's in fees for servicesGarbage collection; other service charges and 1 more
  • Garbage collection$1.2 million
  • Other service charges$542 thousand
  • Parks and recreation$37 thousand

Amounts are by Census type of charge.

State tax money7.2%

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

From the state
7.2%$441 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$41 thousand

Fines and other6.3%

Interest, rents and other
5.6%$342 thousand
Fines
0.8%$48 thousand

Where it goes

Running the government and other costs43%Roads, transit and parking24%Water, sewer, trash and utilities21%Parks, recreation and libraries6.1%Police, fire, courts and jails5.8%

What stands out

43%

of Lake Grove's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
43%$2.3 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$1.2 million
  • Central staff services (personnel, purchasing, technology)$816 thousand
  • Government buildings$277 thousand
  • Finance, tax collection and budgeting$47 thousand
Roads, transit and parking
24%$1.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.3 million
Water, sewer, trash and utilities
21%$1.2 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1.2 million
Parks, recreation and libraries
6.1%$332 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$332 thousand
Police, fire, courts and jails
5.8%$315 thousand
What's in police, fire, courts and jailsInspections and regulation; courts and legal services and 1 more
  • Inspections and regulation$197 thousand
  • Courts and legal services$99 thousand
  • Police$19 thousand
Environment and natural resources
<0.1%$2 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$2 thousand
Sources and moreWhere these numbers come from and what they cover

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

What this covers. The money of Village of Lake Grove 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.