Town government · Tuscaloosa County, AL

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

In the latest recorded fiscal year (ended December 31, 2021), Lake View took in $1.3 million and spent $272 thousand.

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

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Where it comes from

Town taxes77%Federal tax money18%Fines and other2.9%State tax money1.7%

What stands out

38%

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

Town taxes77%

Sales tax
38%$484 thousand
Other taxes
28%$351 thousand
What's in other taxesOther licenses; occupation and business licenses and 4 more
  • Other licenses$176 thousand
  • Occupation and business licenses$164 thousand
  • Severance taxes$4 thousand
  • Tobacco taxes$3 thousand
  • Motor vehicle licenses$2 thousand
  • Other taxes not classified elsewhere$2 thousand

Amounts are by Census tax category.

Property tax
11%$141 thousand

Federal tax money18%

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

From the federal government
18%$229 thousand

State tax money1.7%

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

From the state
1.7%$22 thousand

Fines and other2.9%

Fines
2.8%$35 thousand
Interest, rents and other
<0.1%$1 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Police, fire, courts and jails50%Running the government and other costs28%Sent to other local governments21%

Spending by category100%

Police, fire, courts and jails
50%$137 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$130 thousand
  • Courts and legal services$7 thousand
Running the government and other costs
28%$77 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$42 thousand
  • Other and not broken out$22 thousand
  • Finance, tax collection and budgeting$8 thousand
  • Government buildings$5 thousand
Sent to other local governments
21%$58 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$57 thousand
  • Sent to the state government$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lake View. 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 View 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.