City government · Hamlin County, SD

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

In the latest recorded fiscal year (ended December 31, 2023), Lake Norden took in $1.6 million and spent $1.4 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes39%Fees for services (water, sewer)32%Fines and other22%Federal tax money6.4%

What stands out

25%

of Lake Norden's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes39%

Sales tax
25%$411 thousand
Property tax
13%$220 thousand
Other taxes
1.1%$18 thousand
What's in other taxesMotor vehicle licenses; other taxes not classified elsewhere and 2 more
  • Motor vehicle licenses$11 thousand
  • Other taxes not classified elsewhere$4 thousand
  • Alcoholic beverage licenses$2 thousand
  • Public utility licenses$1 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$525 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$334 thousand
  • Sewer$82 thousand
  • Housing$73 thousand
  • Garbage collection$35 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money6.4%

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

From the federal government
6.4%$105 thousand

Fines and other22%

Interest, rents and other
21%$350 thousand
Fines
1.2%$19 thousand

Where it goes

Water, sewer, trash and utilities30%Roads, transit and parking16%Running the government and other costs15%Parks, recreation and libraries14%Housing and community development12%All other spending13%

What stands out

12%

of Lake Norden'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%

Water, sewer, trash and utilities
30%$429 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$208 thousand
  • Sewer systems$142 thousand
  • Garbage and solid waste$79 thousand
Roads, transit and parking
16%$226 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$226 thousand
Running the government and other costs
15%$221 thousand
What's in running the government and other costsFinance, tax collection and budgeting; government buildings and 1 more
  • Finance, tax collection and budgeting$115 thousand
  • Government buildings$69 thousand
  • Central staff services (personnel, purchasing, technology)$37 thousand
Parks, recreation and libraries
14%$205 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$205 thousand
Housing and community development
12%$172 thousand
Police, fire, courts and jails
12%$169 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$146 thousand
  • Courts and legal services$21 thousand
  • Fire protection$2 thousand
Interest on debt
0.6%$9 thousand
Health and hospitals
0.6%$8 thousand
What's in health and hospitalsPublic health
  • Public health$8 thousand
Sent to other local governments
0.3%$5 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$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Norden. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Lake Norden 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.