City government · Dade County, MO

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

In the latest recorded fiscal year (ended June 30, 2022), Lockwood took in $2.9 million and spent $3.0 million.

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

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Where it comes from

Fees for services (electric power, sewer)59%Fines and other23%City taxes15%County and local tax money2.1%State tax money0.9%

What stands out

23%

of Lockwood'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 taxes15%

Sales tax
12%$339 thousand
Property tax
2.4%$70 thousand
Other taxes
1.1%$33 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 2 more
  • Public utility taxes$17 thousand
  • Other selective sales taxes$13 thousand
  • Occupation and business licenses$2 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Fees for services59%

Fees for services
59%$1.7 million
What's in fees for servicesElectric power; sewer and 2 more
  • Electric power$1.3 million
  • Sewer$238 thousand
  • Water$132 thousand
  • Parks and recreation$89 thousand

Amounts are by Census type of charge.

State tax money0.9%

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

From the state
0.9%$27 thousand

County and local tax money2.1%

Money passed on by the county or other local governments.

From the county and other local governments
2.1%$62 thousand

Fines and other23%

Interest, rents and other
23%$664 thousand

Where it goes

Water, sewer, trash and utilities87%Parks, recreation and libraries8.4%Police, fire, courts and jails3.4%Sent to other local governments1.0%Interest on debt0.5%

What stands out

87%

of Lockwood'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
87%$2.6 million
What's in water, sewer, trash and utilitiesElectric power
  • Electric power$2.6 million
Parks, recreation and libraries
8.4%$254 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$254 thousand
Police, fire, courts and jails
3.4%$103 thousand
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$75 thousand
  • Courts and legal services$28 thousand
Sent to other local governments
1.0%$30 thousand
What's in sent to other local governmentsSent to the state government
  • Sent to the state government$30 thousand
Interest on debt
0.5%$14 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lockwood. 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 Lockwood 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.