Township government · Logan County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Lake Township took in $351 thousand and spent $172 thousand.

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

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Where it comes from

Township taxes68%Fees for services16%Federal tax money9.4%Fines and other3.7%County and local tax money2.8%

What stands out

41%

of Lake Township's money comes from taxes other than property, sales and income taxes.A typical U.S. township or town of 10,000 to 50,000 people gets 3.2%.

Township taxes68%

Other taxes
41%$143 thousand
What's in other taxesMotor fuel taxes; motor vehicle licenses and 1 more
  • Motor fuel taxes$139 thousand
  • Motor vehicle licenses$3 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Property tax
28%$97 thousand

Fees for services16%

Fees for services
16%$55 thousand
What's in fees for servicesOther service charges
  • Other service charges$55 thousand

Amounts are by Census type of charge.

Federal tax money9.4%

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

From the federal government
9.4%$33 thousand

County and local tax money2.8%

Money passed on by the county or other local governments.

From the county and other local governments
2.8%$10 thousand

Fines and other3.7%

Interest, rents and other
3.7%$13 thousand

Where it goes

Running the government and other costs100%

What stands out

100%

of Lake Township's spending goes to running the government and other costs.A typical U.S. township or town of 10,000 to 50,000 people spends 23%.

Spending by category100%

Running the government and other costs
100%$172 thousand
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$83 thousand
  • Central staff services (personnel, purchasing, technology)$49 thousand
  • Finance, tax collection and budgeting$23 thousand
  • Government buildings$17 thousand
Sources and moreWhere these numbers come from and what they cover

Lake 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 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.