Borough government · Luzerne County, PA

Penn Lake Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Penn Lake Park took in $641 thousand and spent $548 thousand.

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

See every government that serves your ZIP

Where it comes from

Borough taxes47%Fees for services (sewer, garbage collection)36%State tax money14%Federal tax money2.5%Fines and other0.2%

What stands out

8.1%

of Penn Lake Park's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Borough taxes47%

Property tax
36%$230 thousand
Individual income tax
8.1%$52 thousand
Other taxes
3.3%$21 thousand
What's in other taxesReal estate and stock transfer taxes; occupation and business licenses and 1 more
  • Real estate and stock transfer taxes$12 thousand
  • Occupation and business licenses$6 thousand
  • Public utility licenses$3 thousand

Amounts are by Census tax category.

Fees for services36%

Fees for services
36%$232 thousand
What's in fees for servicesSewer; garbage collection and 1 more
  • Sewer$183 thousand
  • Garbage collection$47 thousand
  • Other service charges$2 thousand

Amounts are by Census type of charge.

Federal tax money2.5%

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

From the federal government
2.5%$16 thousand

State tax money14%

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

From the state
14%$89 thousand

Fines and other0.2%

Fines
0.2%$1 thousand

Where it goes

Running the government and other costs27%Water, sewer, trash and utilities25%Parks, recreation and libraries13%Housing and community development12%Environment and natural resources9.5%All other spending14%

What stands out

12%

of Penn Lake Park's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
27%$146 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$124 thousand
  • Central staff services (personnel, purchasing, technology)$18 thousand
  • Finance, tax collection and budgeting$3 thousand
  • Government buildings$1 thousand
Water, sewer, trash and utilities
25%$138 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$91 thousand
  • Garbage and solid waste$47 thousand
Parks, recreation and libraries
13%$70 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$70 thousand
Housing and community development
12%$67 thousand
Environment and natural resources
9.5%$52 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$52 thousand
Roads, transit and parking
6.6%$36 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$36 thousand
Police, fire, courts and jails
4.6%$25 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$10 thousand
  • Courts and legal services$9 thousand
  • Fire protection$6 thousand
Interest on debt
2.2%$12 thousand
Health and hospitals
0.4%$2 thousand
What's in health and hospitalsPublic health
  • Public health$2 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Penn Lake Park. 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 Borough of Penn Lake Park 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.