City government · Columbia County, FL

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

In the latest recorded fiscal year (ended September 30, 2021), Lake City took in $43.5 million and spent $38.1 million.

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

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Where it comes from

Fees for services (water, sewer)55%City taxes30%State tax money8.5%Fines and other3.9%Federal tax money2.6%County and local tax money0.7%

What stands out

7.5%

of Lake City's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes30%

Other taxes
13%$5.5 million
What's in other taxesPublic utility taxes; occupation and business licenses and 3 more
  • Public utility taxes$2.0 million
  • Occupation and business licenses$1.5 million
  • Motor fuel taxes$1.3 million
  • Insurance premium taxes$404 thousand
  • Other licenses$235 thousand

Amounts are by Census tax category.

Property tax
9.4%$4.1 million
Sales tax
7.5%$3.3 million

Fees for services55%

Fees for services
55%$23.8 million
What's in fees for servicesWater; sewer and 5 more
  • Water$9.2 million
  • Sewer$5.4 million
  • Gas$4.4 million
  • Other service charges$3.5 million
  • Airport$719 thousand
  • Garbage collection$545 thousand
  • Parks and recreation$10 thousand

Amounts are by Census type of charge.

Federal tax money2.6%

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

From the federal government
2.6%$1.1 million

State tax money8.5%

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

From the state
8.5%$3.7 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$320 thousand

Fines and other3.9%

Interest, rents and other
3.7%$1.6 million
Fines
0.2%$89 thousand

Where it goes

Water, sewer, trash and utilities41%Running the government and other costs21%Police, fire, courts and jails20%Roads, transit and parking14%Interest on debt2.6%All other spending1.0%

What stands out

41%

of Lake City's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
41%$15.6 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 2 more
  • Water supply$6.9 million
  • Sewer systems$4.6 million
  • Gas supply$3.7 million
  • Garbage and solid waste$493 thousand
Running the government and other costs
21%$8.2 million
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$5.5 million
  • Other and not broken out$1.7 million
  • Central staff services (personnel, purchasing, technology)$948 thousand
Police, fire, courts and jails
20%$7.7 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$4.7 million
  • Fire protection$2.5 million
  • Inspections and regulation$399 thousand
  • Courts and legal services$189 thousand
Roads, transit and parking
14%$5.2 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$3.2 million
  • Airports$1.9 million
Interest on debt
2.6%$972 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$624 thousand
  • Interest on general debt$348 thousand
Parks, recreation and libraries
0.4%$158 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$158 thousand
Health and hospitals
0.3%$133 thousand
What's in health and hospitalsPublic health
  • Public health$133 thousand
Social services
0.2%$77 thousand
What's in social servicesOther public welfare
  • Other public welfare$77 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake City. 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 City 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.