City government · Kearny County, KS

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

In the latest recorded fiscal year (ended December 31, 2021), Lakin took in $4.7 million and spent $4.0 million.

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

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Where it comes from

Fees for services (electric power, water)75%City taxes18%Fines and other4.8%State tax money1.4%County and local tax money1.0%

What stands out

75%

of Lakin's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes18%

Property tax

12%$568 thousand

Sales tax

4.8%$224 thousand

Other taxes

1.1%$51 thousand

What's in other taxesPublic utility taxes and other licenses

Public utility taxes$39 thousand
Other licenses$12 thousand

Amounts are by Census tax category.

Fees for services75%

Fees for services

75%$3.5 million

What's in fees for servicesElectric power; water and 4 more

Electric power$2.2 million
Water$780 thousand
Parks and recreation$196 thousand
Garbage collection$147 thousand
Sewer$135 thousand
Other service charges$3 thousand

Amounts are by Census type of charge.

State tax money1.4%

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

From the state

1.4%$65 thousand

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments

1.0%$46 thousand

Fines and other4.8%

Interest, rents and other

4.7%$221 thousand

Fines

<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities65%Parks, recreation and libraries12%Running the government and other costs12%Roads, transit and parking6.2%Interest on debt2.7%All other spending1.3%

What stands out

65%

of Lakin's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities

65%$2.6 million

What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more

Electric power$1.9 million
Water supply$431 thousand
Sewer systems$132 thousand
Garbage and solid waste$115 thousand

Parks, recreation and libraries

12%$491 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$491 thousand

Running the government and other costs

12%$486 thousand

What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)

Other and not broken out$284 thousand
Central staff services (personnel, purchasing, technology)$202 thousand

Roads, transit and parking

6.2%$245 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$245 thousand

Interest on debt

2.7%$106 thousand

What's in interest on debtInterest on water supply debt and interest on general debt

Interest on water supply debt$91 thousand
Interest on general debt$15 thousand

Health and hospitals

1.2%$46 thousand

What's in health and hospitalsPublic health

Public health$46 thousand

Housing and community development

<0.1%$3 thousand

Police, fire, courts and jails

<0.1%$1 thousand

What's in police, fire, courts and jailsFire protection

Fire protection$1 thousand

Sources and moreWhere these numbers come from and what they cover

City of Lakin. 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 Lakin 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.