Township government · McKean County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Lafayette Township took in $558 thousand and spent $654 thousand.

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

See every government that serves your ZIP

Where it comes from

Township taxes54%State tax money24%Fees for services (garbage collection, road charges)13%Federal tax money5.9%Fines and other2.2%County and local tax money0.9%

What stands out

21%

of Lafayette Township's money comes from a personal income tax.Most U.S. townships and towns of under 10,000 people get none.

Township taxes54%

Property tax
25%$137 thousand
Individual income tax
21%$115 thousand
Other taxes
9.3%$52 thousand
What's in other taxesReal estate and stock transfer taxes; occupation and business licenses and 1 more
  • Real estate and stock transfer taxes$27 thousand
  • Occupation and business licenses$21 thousand
  • Public utility licenses$4 thousand

Amounts are by Census tax category.

Fees for services13%

Fees for services
13%$72 thousand
What's in fees for servicesGarbage collection; other service charges and 1 more
  • Garbage collection$58 thousand
  • Other service charges$10 thousand
  • Road charges$4 thousand

Amounts are by Census type of charge.

Federal tax money5.9%

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

From the federal government
5.9%$33 thousand

State tax money24%

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

From the state
24%$132 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$5 thousand

Fines and other2.2%

Interest, rents and other
1.8%$10 thousand
Fines
0.4%$2 thousand

Where it goes

Roads, transit and parking47%Running the government and other costs40%Police, fire, courts and jails4.1%Water, sewer, trash and utilities4.0%Parks, recreation and libraries3.7%All other spending1.1%

What stands out

40%

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

Spending by category100%

Roads, transit and parking
47%$306 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$306 thousand
Running the government and other costs
40%$264 thousand
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$119 thousand
  • Finance, tax collection and budgeting$68 thousand
  • Central staff services (personnel, purchasing, technology)$67 thousand
  • Government buildings$10 thousand
Police, fire, courts and jails
4.1%$27 thousand
What's in police, fire, courts and jailsFire protection and inspections and regulation
  • Fire protection$16 thousand
  • Inspections and regulation$11 thousand
Water, sewer, trash and utilities
4.0%$26 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$23 thousand
  • Garbage and solid waste$3 thousand
Parks, recreation and libraries
3.7%$24 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$22 thousand
  • Libraries$2 thousand
Health and hospitals
0.8%$5 thousand
What's in health and hospitalsPublic health
  • Public health$5 thousand
Environment and natural resources
0.3%$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

Lafayette 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 Lafayette 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.