City government · Walker County, GA

Lookout Mountain's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Lookout Mountain took in $3.9 million and spent $2.5 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

City taxes36%Fees for services (sewer, garbage collection)31%County and local tax money24%State tax money6.8%Fines and other1.9%Federal tax money1.2%

What stands out

24%

of Lookout Mountain'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%

Property tax
26%$1.0 million
Other taxes
9.2%$358 thousand
What's in other taxesInsurance premium taxes; other selective sales taxes and 4 more
  • Insurance premium taxes$146 thousand
  • Other selective sales taxes$61 thousand
  • Public utility taxes$54 thousand
  • Other licenses$37 thousand
  • Alcoholic beverage taxes$36 thousand
  • Occupation and business licenses$24 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$1.2 million
What's in fees for servicesSewer; garbage collection and 1 more
  • Sewer$895 thousand
  • Garbage collection$296 thousand
  • Other service charges$9 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$45 thousand

State tax money6.8%

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

From the state
6.8%$265 thousand

County and local tax money24%

Money passed on by the county or other local governments.

From the county and other local governments
24%$912 thousand

Fines and other1.9%

Interest, rents and other
1.9%$72 thousand

Where it goes

Police, fire, courts and jails39%Running the government and other costs21%Roads, transit and parking17%Water, sewer, trash and utilities13%Parks, recreation and libraries5.4%All other spending4.9%

What stands out

39%

of Lookout Mountain'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
39%$977 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$705 thousand
  • Fire protection$167 thousand
  • Courts and legal services$89 thousand
  • Inspections and regulation$16 thousand
Running the government and other costs
21%$534 thousand
What's in running the government and other costsFinance, tax collection and budgeting and government buildings
  • Finance, tax collection and budgeting$432 thousand
  • Government buildings$102 thousand
Roads, transit and parking
17%$429 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$429 thousand
Water, sewer, trash and utilities
13%$322 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$322 thousand
Parks, recreation and libraries
5.4%$136 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$136 thousand
Interest on debt
3.2%$81 thousand
Sent to other local governments
1.7%$43 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$43 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lookout Mountain. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Lookout Mountain 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.