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Indiana · 15,592 residents

How much does Cedar Lake spend?

$8.3M
spent from the general fund in

2026 is the budget the town voted. A year's actual spending is audited and published after it ends; the latest on file is 2025.

$533 per resident · $851 in towns its size · 2026 budget voted: $9.0M · all funds, 2026: $16.2M voted

2026 is the budget the town voted. A year's actual spending is audited and published after it ends; the latest on file is 2025.

What is Cedar Lake's money for?

Click a category to see what it pays for.

By categoryShare of budget against towns of the same size$8.3M

“elsewhere”: what towns the same size usually devoteCedar Lake devotes a larger share of its budgeta smaller share

Shares of the town's general-fund spending. “Elsewhere”: the median share among the towns of the state closest in population — half give more, half less. A town that pays for a category from another fund is left out of that median.

Compare with a town of the same size in Indiana

Cedar Lake versus New Haven
Cedar LakeNew Haven
Spending
$533 · $417 per residenttowns its size: $851
Police, fire and public safety
$314 · $321 per residenttowns its size: $438
Debt
$757 · $1,224 per residenttowns its size: $1,783

Per resident, 2025 accounts, against the towns of Indiana closest in population. A town above or below is not better or worse run.

What it builds, levies and owes

What it builds

$1.5Mof construction and equipment voted for 2026 · $94 per resident · +21.6% vs 2025

Construction and equipment in the budget the town voted for 2026, all its funds together. Indiana publishes what was actually spent for the general fund only, where towns rarely build.

Where it goes (8 lines)
Cumulative Capital Development$550,900
Maintenance & Repair$400,000
Cedit$250,000
Local Road & Street$100,000
Parks$100,000
Casino Gaming$50,000
Law Enforcement Continuing Education$10,000
Cumulative Capital Imp$5,000

Property tax

$0.9569per $100 of assessed value · set for 2026 · +69.0% since 2022

The 20 towns of its size: $1.2180 · $11.0M to be raised

The civil city's or town's certified rate, all its funds, as the Department of Local Government Finance certifies it for the year taxes are paid. The county, the township, the schools and the library add their own. Indiana caps a homestead's total bill at 1% of its value.

What it owes

$11.8Mowed at the end of 2025 · $757 per resident

$1,783 in towns its size · $812,000 of principal due within a year · −39.5% since 2016

Its largest loans and bonds (of 8)
Waterworks Revenue Bonds, Series 2022Water · Revenue Bonds$3.9M
2017 Storm Water District Revenue BondsStorm Water · Revenue Bonds$2.6M
2024 General Obligation BondsGovernmental Activities · General Obligation Bonds$2.5M
2012Waterworks Revenue Bond - SRF - Pooled Loan #503Water · Revenue Bonds$1.1M
2017 Redevelopment District Refunding BondsGovernmental Activities · General Obligation Bonds$665,000
2010 Waterworks Revenue Bond - SRF - Construction Loan #502Water · Revenue Bonds$540,000
2017 Storm Water District Refunding Revenue BondsStorm Water · Revenue Bonds$440,000
2009 Waterworks Refunding Bond - SRF - Assumed from Utilities Inc #501 Replacement BondWater · Revenue Bonds$74,000

Every fund of the town, its utilities included: a water or sewer revenue bond is repaid from the bills, not from taxes. Source: the town's Annual Financial Report filed with the Indiana State Board of Accounts.

Voted for 2026

$9.0MThe budget the town adopted for 2026, by category. Its actual spending is not on file yet.

By category

Understand

What this page covers

General fund only, on both sides: the line-item budget each city or town files with the state, and what it actually disbursed, by department. The state publishes departmental actuals for the general fund alone.

Voted budget and actual spending

The voted budget is what the town approved before the year began. Actual spending is what it paid out, audited and reported to the state after the year ended. The two differ: money set aside is not always spent, and budgets are amended during the year.

Comparing with other towns in Indiana

Each state collects its towns' figures in its own way. Some report the general fund only, others every fund; some include schools and others leave them to separate school districts. Per-resident figures are compared between towns of the same state only. A few cities also do the work of a county — San Francisco and Jacksonville among them — and spend far more per resident than a city of the same size.

Source

Indiana Department of Local Government Finance and State Board of Accounts — Gateway (Form 1 budgets, Annual Financial Reports). The state's records ↗ Population: U.S. Census Bureau, Census of Governments (population reported with the unit), 2024 file.

Source: Indiana Department of Local Government Finance and State Board of Accounts — Gateway (Form 1 budgets, Annual Financial Reports).