City government · Los Angeles County, CA
Lakewood's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Lakewood took in $95.1 million and spent $91.6 million.
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Where it comes from
What stands out
of Lakewood's money comes from taxes other than property, sales and income taxes.A typical U.S. city of 50,000+ people gets 7.2%.
City taxes63%
What's in other taxesOther taxes not classified elsewhere; public utility taxes and 4 more
- Other taxes not classified elsewhere$13.6 million
- Public utility taxes$4.9 million
- Other licenses$1.5 million
- Occupation and business licenses$673 thousand
- Real estate and stock transfer taxes$459 thousand
- Other selective sales taxes$98 thousand
Amounts are by Census tax category.
Fees for services24%
What's in fees for servicesWater; garbage collection and 3 more
- Water$13.8 million
- Garbage collection$6.4 million
- Other service charges$1.5 million
- Parks and recreation$833 thousand
- Housing$144 thousand
Amounts are by Census type of charge.
Federal tax money1.2%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money4.7%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money4.4%
Money passed on by the county or other local governments.
Fines and other3.2%
Where it goes
What stands out
of Lakewood's spending goes to parks, recreation and libraries.A typical U.S. city of 50,000+ people spends 6.4%.
Spending by category100%
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)$13.0 million
- Other and not broken out$7.7 million
- Finance, tax collection and budgeting$4.2 million
- Government buildings$503 thousand
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
- Police$14.8 million
- Inspections and regulation$3.0 million
- Courts and legal services$253 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
- Water supply$10.9 million
- Garbage and solid waste$6.1 million
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$16.2 million
What's in roads, transit and parkingRoads and highways and public transit
- Roads and highways$8.0 million
- Public transit$3.6 million
What's in health and hospitalsPublic health
- Public health$1.7 million
Sources and moreWhere these numbers come from and what they cover
City of Lakewood. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of City of Lakewood 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.