City government · Lowndes County, GA

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

In the latest recorded fiscal year (ended December 31, 2021), Lake Park took in $991 thousand and spent $414 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

County and local tax money44%City taxes36%Fines and other10%Fees for services (water, sewer)9.6%State tax money0.2%

What stands out

44%

of Lake Park's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes36%

Other taxes
20%$196 thousand
What's in other taxesPublic utility taxes; insurance premium taxes and 3 more
  • Public utility taxes$62 thousand
  • Insurance premium taxes$59 thousand
  • Alcoholic beverage taxes$46 thousand
  • Occupation and business licenses$22 thousand
  • Alcoholic beverage licenses$7 thousand

Amounts are by Census tax category.

Property tax
16%$162 thousand

Fees for services9.6%

Fees for services
9.6%$95 thousand
What's in fees for servicesWater and sewer
  • Water$56 thousand
  • Sewer$39 thousand

Amounts are by Census type of charge.

State tax money0.2%

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

From the state
0.2%$2 thousand

County and local tax money44%

Money passed on by the county or other local governments.

From the county and other local governments
44%$435 thousand

Fines and other10%

Fines
10%$101 thousand

Where it goes

Police, fire, courts and jails58%Running the government and other costs21%Roads, transit and parking12%Parks, recreation and libraries5.8%Water, sewer, trash and utilities3.4%

What stands out

58%

of Lake Park'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%

Police, fire, courts and jails
58%$241 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$108 thousand
  • Fire protection$84 thousand
  • Courts and legal services$45 thousand
  • Prisons and jails$4 thousand
Running the government and other costs
21%$86 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$65 thousand
  • Central staff services (personnel, purchasing, technology)$21 thousand
Roads, transit and parking
12%$49 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$49 thousand
Parks, recreation and libraries
5.8%$24 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$24 thousand
Water, sewer, trash and utilities
3.4%$14 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$8 thousand
  • Sewer systems$6 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Park. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

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