City government · Nicollet County, MN

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

In the latest recorded fiscal year (ended December 31, 2021), Lafayette took in $802 thousand and spent $956 thousand.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)43%State tax money23%City taxes18%Fines and other12%Federal tax money3.4%

What stands out

12%

of Lafayette's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes18%

Property tax
17%$140 thousand
Other taxes
0.9%$7 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$4 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services43%

Fees for services
43%$348 thousand
What's in fees for servicesWater; sewer and 3 more
  • Water$144 thousand
  • Sewer$114 thousand
  • Other service charges$45 thousand
  • Garbage collection$38 thousand
  • Parks and recreation$7 thousand

Amounts are by Census type of charge.

Federal tax money3.4%

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

From the federal government
3.4%$27 thousand

State tax money23%

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

From the state
23%$183 thousand

Fines and other12%

Interest, rents and other
12%$97 thousand

Where it goes

Water, sewer, trash and utilities50%Police, fire, courts and jails12%Running the government and other costs10%Roads, transit and parking9.6%Parks, recreation and libraries8.7%All other spending8.7%

What stands out

50%

of Lafayette'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
50%$482 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$228 thousand
  • Sewer systems$213 thousand
  • Garbage and solid waste$41 thousand
Police, fire, courts and jails
12%$116 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$116 thousand
Running the government and other costs
10%$100 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$47 thousand
  • Other and not broken out$44 thousand
  • Central staff services (personnel, purchasing, technology)$9 thousand
Roads, transit and parking
9.6%$92 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$92 thousand
Parks, recreation and libraries
8.7%$83 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$83 thousand
Interest on debt
5.1%$49 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$28 thousand
  • Interest on water supply debt$21 thousand
Health and hospitals
3.6%$34 thousand
What's in health and hospitalsPublic health
  • Public health$34 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 December 31, 2021. 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.