Village government · Trumbull County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Yankee Lake took in $28 thousand and spent $8 thousand.

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

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Where it comes from

Village taxes71%Federal tax money14%County and local tax money14%

What stands out

64%

of Yankee Lake's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Village taxes71%

Property tax
64%$18 thousand
Other taxes
7.1%$2 thousand
What's in other taxesPublic utility licenses
  • Public utility licenses$2 thousand

Amounts are by Census tax category.

Federal tax money14%

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

From the federal government
14%$4 thousand

County and local tax money14%

Money passed on by the county or other local governments.

From the county and other local governments
14%$4 thousand

Where it goes

Running the government and other costs50%Water, sewer, trash and utilities38%Roads, transit and parking13%

What stands out

50%

of Yankee Lake's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
50%$4 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$4 thousand
Water, sewer, trash and utilities
38%$3 thousand
What's in water, sewer, trash and utilitiesElectric power
  • Electric power$3 thousand
Roads, transit and parking
13%$1 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Yankee Lake. 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 Village of Yankee Lake 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.