City government · Polk County, FL

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

In the latest recorded fiscal year (ended September 30, 2021), Lake Alfred took in $12.5 million and spent $10.1 million.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

City taxes42%Fees for services (sewer, water)30%Fines and other19%County and local tax money4.7%State tax money4.0%Federal tax money0.6%

What stands out

28%

of Lake Alfred's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

City taxes42%

Other taxes
28%$3.5 million
What's in other taxesOther licenses; public utility taxes and 3 more
  • Other licenses$2.0 million
  • Public utility taxes$645 thousand
  • Occupation and business licenses$490 thousand
  • Motor fuel taxes$283 thousand
  • Insurance premium taxes$80 thousand

Amounts are by Census tax category.

Property tax
14%$1.8 million

Fees for services30%

Fees for services
30%$3.8 million
What's in fees for servicesSewer; water and 5 more
  • Sewer$1.6 million
  • Water$1.3 million
  • Garbage collection$721 thousand
  • Other service charges$90 thousand
  • Parks, land and natural resources$67 thousand
  • Road charges$62 thousand
  • Parks and recreation$15 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$75 thousand

State tax money4.0%

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

From the state
4.0%$501 thousand

County and local tax money4.7%

Money passed on by the county or other local governments.

From the county and other local governments
4.7%$583 thousand

Fines and other19%

Interest, rents and other
18%$2.3 million
Fines
0.4%$45 thousand

Where it goes

Running the government and other costs33%Water, sewer, trash and utilities26%Police, fire, courts and jails26%Parks, recreation and libraries7.7%Roads, transit and parking5.2%All other spending2.0%

What stands out

26%

of Lake Alfred's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Running the government and other costs
33%$3.4 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$2.2 million
  • Central staff services (personnel, purchasing, technology)$889 thousand
  • Other and not broken out$304 thousand
Water, sewer, trash and utilities
26%$2.6 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.4 million
  • Water supply$757 thousand
  • Garbage and solid waste$527 thousand
Police, fire, courts and jails
26%$2.6 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.4 million
  • Fire protection$647 thousand
  • Inspections and regulation$440 thousand
  • Courts and legal services$107 thousand
Parks, recreation and libraries
7.7%$777 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$577 thousand
  • Libraries$200 thousand
Roads, transit and parking
5.2%$527 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$527 thousand
Environment and natural resources
1.5%$147 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$147 thousand
Interest on debt
0.5%$53 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Alfred. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

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