County government · Lake County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Lake County took in $8.3 million and spent $8.4 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

See every government that serves your ZIP

Where it comes from

County taxes65%State tax money23%Fees for services6.7%Fines and other2.8%Federal tax money2.4%

What stands out

59%

of Lake County's money comes from property tax.A typical U.S. county of under 50,000 people gets 28%.

County taxes65%

Property tax
59%$4.9 million
Other taxes
6.0%$499 thousand
What's in other taxesMotor vehicle licenses and other licenses
  • Motor vehicle licenses$383 thousand
  • Other licenses$116 thousand

Amounts are by Census tax category.

Fees for services6.7%

Fees for services
6.7%$558 thousand
What's in fees for servicesOther service charges
  • Other service charges$558 thousand

Amounts are by Census type of charge.

Federal tax money2.4%

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

From the federal government
2.4%$202 thousand

State tax money23%

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

From the state
23%$1.9 million

Fines and other2.8%

Interest, rents and other
2.5%$207 thousand
Fines
0.3%$21 thousand

Where it goes

Roads, transit and parking32%Running the government and other costs31%Police, fire, courts and jails28%Parks, recreation and libraries2.6%Environment and natural resources2.4%All other spending3.0%

What stands out

32%

of Lake County's spending goes to roads, transit and parking.A typical U.S. county of under 50,000 people spends 16%.

Spending by category100%

Roads, transit and parking
32%$2.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.7 million
Running the government and other costs
31%$2.6 million
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$907 thousand
  • Finance, tax collection and budgeting$669 thousand
  • Central staff services (personnel, purchasing, technology)$603 thousand
  • Government buildings$442 thousand
Police, fire, courts and jails
28%$2.4 million
What's in police, fire, courts and jailsPrisons and jails; police and 1 more
  • Prisons and jails$863 thousand
  • Police$843 thousand
  • Courts and legal services$674 thousand
Parks, recreation and libraries
2.6%$222 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$210 thousand
  • Libraries$12 thousand
Environment and natural resources
2.4%$201 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$201 thousand
Health and hospitals
1.0%$88 thousand
What's in health and hospitalsPublic health
  • Public health$88 thousand
Social services
1.0%$80 thousand
What's in social servicesOther public welfare
  • Other public welfare$80 thousand
Interest on debt
0.6%$48 thousand
Sent to other local governments
0.5%$38 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$38 thousand
Sources and moreWhere these numbers come from and what they cover

Lake County. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Lake County 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.