City government · Lafayette County, MO

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

In the latest recorded fiscal year (ended September 30, 2021), Lake Lafayette took in $132 thousand and spent $166 thousand.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

Fees for services (water)61%City taxes22%State tax money11%Fines and other5.3%County and local tax money1.5%

What stands out

61%

of Lake Lafayette'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 taxes22%

Property tax
17%$22 thousand
Other taxes
5.3%$7 thousand
What's in other taxesOther selective sales taxes
  • Other selective sales taxes$7 thousand

Amounts are by Census tax category.

Fees for services61%

Fees for services
61%$80 thousand
What's in fees for servicesWater
  • Water$80 thousand

Amounts are by Census type of charge.

State tax money11%

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

From the state
11%$14 thousand

County and local tax money1.5%

Money passed on by the county or other local governments.

From the county and other local governments
1.5%$2 thousand

Fines and other5.3%

Interest, rents and other
4.5%$6 thousand
Fines
0.8%$1 thousand

Where it goes

Water, sewer, trash and utilities52%Police, fire, courts and jails25%Roads, transit and parking11%Running the government and other costs10%Interest on debt1.2%

What stands out

25%

of Lake Lafayette's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
52%$86 thousand
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$86 thousand
Police, fire, courts and jails
25%$42 thousand
What's in police, fire, courts and jailsPolice
  • Police$42 thousand
Roads, transit and parking
11%$19 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$19 thousand
Running the government and other costs
10%$17 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$17 thousand
Interest on debt
1.2%$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Lafayette. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Lake 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.