Town government · Chippewa County, WI

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

In the latest recorded fiscal year (ended December 31, 2021), Lake Holcombe took in $721 thousand and spent $499 thousand.

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

See every government that serves your ZIP

Where it comes from

Town taxes47%State tax money34%Fines and other8.9%Federal tax money7.8%Fees for services (garbage collection, road charges)2.1%

What stands out

7.8%

of Lake Holcombe's money comes from federal tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes47%

Property tax
46%$335 thousand
Other taxes
0.7%$5 thousand
What's in other taxesOther licenses and occupation and business licenses
  • Other licenses$3 thousand
  • Occupation and business licenses$2 thousand

Amounts are by Census tax category.

Fees for services2.1%

Fees for services
2.1%$15 thousand
What's in fees for servicesGarbage collection; road charges and 1 more
  • Garbage collection$12 thousand
  • Road charges$2 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money7.8%

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

From the federal government
7.8%$56 thousand

State tax money34%

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

From the state
34%$246 thousand

Fines and other8.9%

Interest, rents and other
8.9%$64 thousand

Where it goes

Roads, transit and parking59%Running the government and other costs14%Police, fire, courts and jails14%Parks, recreation and libraries5.4%Water, sewer, trash and utilities3.6%All other spending4.2%

What stands out

5.4%

of Lake Holcombe's spending goes to parks, recreation and libraries.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
59%$293 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$293 thousand
Running the government and other costs
14%$72 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 3 more
  • Central staff services (personnel, purchasing, technology)$28 thousand
  • Finance, tax collection and budgeting$24 thousand
  • Government buildings$11 thousand
  • Other and not broken out$7 thousand
  • Other government-run businesses$2 thousand
Police, fire, courts and jails
14%$68 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$66 thousand
  • Courts and legal services$2 thousand
Parks, recreation and libraries
5.4%$27 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$27 thousand
Water, sewer, trash and utilities
3.6%$18 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and sewer systems
  • Garbage and solid waste$17 thousand
  • Sewer systems$1 thousand
Health and hospitals
3.4%$17 thousand
What's in health and hospitalsPublic health
  • Public health$17 thousand
Interest on debt
0.8%$4 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lake Holcombe. 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 Town of Lake Holcombe 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.