City government · Clinton County, MO

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

In the latest recorded fiscal year (ended June 30, 2024), Lathrop took in $3.5 million and spent $3.7 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)37%City taxes33%Fines and other26%State tax money4.3%

What stands out

18%

of Lathrop's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes33%

Sales tax
18%$648 thousand
Property tax
9.9%$346 thousand
Other taxes
4.8%$168 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$168 thousand

Amounts are by Census tax category.

Fees for services37%

Fees for services
37%$1.3 million
What's in fees for servicesWater; sewer and 1 more
  • Water$726 thousand
  • Sewer$411 thousand
  • Garbage collection$157 thousand

Amounts are by Census type of charge.

State tax money4.3%

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

From the state
4.3%$152 thousand

Fines and other26%

Interest, rents and other
25%$877 thousand
Fines
0.5%$18 thousand

Where it goes

Running the government and other costs66%Water, sewer, trash and utilities14%Interest on debt10%Police, fire, courts and jails7.5%Roads, transit and parking2.8%Parks, recreation and libraries0.3%

What stands out

66%

of Lathrop'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%

Running the government and other costs
66%$2.5 million
What's in running the government and other costsOther and not broken out; other government-run businesses and 1 more
  • Other and not broken out$2.5 million
  • Other government-run businesses$4 thousand
  • Central staff services (personnel, purchasing, technology)$1 thousand
Water, sewer, trash and utilities
14%$512 thousand
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$210 thousand
  • Garbage and solid waste$158 thousand
  • Sewer systems$144 thousand
Interest on debt
10%$378 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$275 thousand
  • Interest on water supply debt$103 thousand
Police, fire, courts and jails
7.5%$279 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$253 thousand
  • Courts and legal services$26 thousand
Roads, transit and parking
2.8%$103 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$103 thousand
Parks, recreation and libraries
0.3%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lathrop. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Lathrop 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.