City government · Christian County, KY
Lafayette's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Lafayette took in $60 thousand and spent $47 thousand.
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Where it comes from
What stands out
of Lafayette's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.
City taxes85%
What's in other taxesInsurance premium taxes
- Insurance premium taxes$30 thousand
Amounts are by Census tax category.
Fees for services1.7%
What's in fees for servicesOther service charges
- Other service charges$1 thousand
Amounts are by Census type of charge.
State tax money13%
Money the state passes on, paid for by the state taxes residents also pay.
Where it goes
What stands out
of Lafayette's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.
Spending by category100%
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
- Central staff services (personnel, purchasing, technology)$44 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$3 thousand
Sources and moreWhere these numbers come from and what they cover
City of Lafayette. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. 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 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.