City government · Kenton County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Lakeside Park took in $2.2 million and spent $2.1 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

City taxes79%State tax money20%County and local tax money0.9%Fines and other0.2%Fees for services (parks and recreation)0.1%

What stands out

11%

of Lakeside Park's money comes from business income taxes.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes79%

Property tax
44%$971 thousand
Other taxes
16%$353 thousand
What's in other taxesInsurance premium taxes and other licenses
  • Insurance premium taxes$348 thousand
  • Other licenses$5 thousand

Amounts are by Census tax category.

Business income tax
11%$237 thousand
Individual income tax
7.5%$164 thousand

Fees for services0.1%

Fees for services
0.1%$3 thousand
What's in fees for servicesParks and recreation
  • Parks and recreation$3 thousand

Amounts are by Census type of charge.

State tax money20%

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

From the state
20%$433 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$19 thousand

Fines and other0.2%

Interest, rents and other
0.2%$4 thousand

Where it goes

Sent to other local governments43%Roads, transit and parking36%Running the government and other costs11%Water, sewer, trash and utilities9.7%

What stands out

43%

of Lakeside Park's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Sent to other local governments
43%$900 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$900 thousand
Roads, transit and parking
36%$744 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$744 thousand
Running the government and other costs
11%$238 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$238 thousand
Water, sewer, trash and utilities
9.7%$202 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$202 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lakeside Park. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Lakeside 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.