City government · Tippecanoe County, IN

Lafayette's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Lafayette took in $280 million and spent $157 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fines and other32%City taxes23%Fees for services (water, transit fares)23%State tax money18%Federal tax money2.2%County and local tax money2.0%

What stands out

31%

of Lafayette's money comes from interest, rents and other revenue.A typical U.S. city of 50,000+ people gets 6.9%.

City taxes23%

Property tax
22%$62.7 million
Other taxes
0.7%$1.9 million
What's in other taxesOther taxes not classified elsewhere; other licenses and 2 more
  • Other taxes not classified elsewhere$834 thousand
  • Other licenses$658 thousand
  • Public utility taxes$416 thousand
  • Occupation and business licenses$25 thousand

Amounts are by Census tax category.

Fees for services23%

Fees for services
23%$63.6 million
What's in fees for servicesOther service charges; water and 3 more
  • Other service charges$41.7 million
  • Water$16.0 million
  • Transit fares$3.5 million
  • Parks and recreation$2.1 million
  • Parking$329 thousand

Amounts are by Census type of charge.

Federal tax money2.2%

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

From the federal government
2.2%$6.0 million

State tax money18%

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

From the state
18%$50.4 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$5.5 million

Fines and other32%

Interest, rents and other
31%$86.8 million
Fines
1.1%$3.0 million

Where it goes

Running the government and other costs35%Police, fire, courts and jails25%Water, sewer, trash and utilities18%Roads, transit and parking12%Parks, recreation and libraries4.7%All other spending4.9%

What stands out

35%

of Lafayette's spending goes to running the government and other costs.A typical U.S. city of 50,000+ people spends 16%.

Spending by category100%

Running the government and other costs
35%$55.4 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$54.8 million
  • Central staff services (personnel, purchasing, technology)$400 thousand
  • Finance, tax collection and budgeting$234 thousand
Police, fire, courts and jails
25%$38.9 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$20.6 million
  • Fire protection$18.2 million
  • Courts and legal services$56 thousand
Water, sewer, trash and utilities
18%$28.3 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$25.5 million
  • Garbage and solid waste$2.9 million
Roads, transit and parking
12%$19.2 million
What's in roads, transit and parkingPublic transit; roads and highways and 1 more
  • Public transit$15.1 million
  • Roads and highways$3.6 million
  • Parking$458 thousand
Parks, recreation and libraries
4.7%$7.3 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$7.3 million
Interest on debt
4.2%$6.6 million
Housing and community development
0.4%$640 thousand
Health and hospitals
0.3%$473 thousand
What's in health and hospitalsPublic health
  • Public health$473 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lafayette. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Lafayette 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.