Town government · Warren County, NY

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

In the latest recorded fiscal year (ended December 31, 2021), Lake George took in $7.2 million and spent $6.0 million.

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

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Where it comes from

County and local tax money47%Town taxes45%Fees for services (parking, water)3.2%State tax money2.9%Fines and other2.0%

What stands out

47%

of Lake George's money comes from county and other local tax money.Most U.S. townships and towns of under 10,000 people get none.

Town taxes45%

Property tax
38%$2.7 million
Other taxes
7.0%$503 thousand
What's in other taxesOther licenses; public utility taxes and 1 more
  • Other licenses$408 thousand
  • Public utility taxes$91 thousand
  • Other taxes not classified elsewhere$4 thousand

Amounts are by Census tax category.

Fees for services3.2%

Fees for services
3.2%$232 thousand
What's in fees for servicesParking; water and 3 more
  • Parking$81 thousand
  • Water$54 thousand
  • Parks and recreation$51 thousand
  • Other service charges$43 thousand
  • Garbage collection$3 thousand

Amounts are by Census type of charge.

State tax money2.9%

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

From the state
2.9%$212 thousand

County and local tax money47%

Money passed on by the county or other local governments.

From the county and other local governments
47%$3.4 million

Fines and other2.0%

Fines
1.2%$83 thousand
Interest, rents and other
0.9%$63 thousand

Where it goes

Running the government and other costs44%Roads, transit and parking19%Water, sewer, trash and utilities12%Police, fire, courts and jails9.5%Parks, recreation and libraries8.4%All other spending6.4%

What stands out

12%

of Lake George's spending goes to water, sewer, trash and other utilities.Most U.S. townships and towns of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
44%$2.7 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
  • Other and not broken out$1.6 million
  • Central staff services (personnel, purchasing, technology)$384 thousand
  • Government buildings$339 thousand
  • Finance, tax collection and budgeting$283 thousand
  • Other government-run businesses$53 thousand
Roads, transit and parking
19%$1.2 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$1.1 million
  • Public transit$9 thousand
Water, sewer, trash and utilities
12%$721 thousand
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$429 thousand
  • Garbage and solid waste$264 thousand
  • Water supply$28 thousand
Police, fire, courts and jails
9.5%$566 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 1 more
  • Fire protection$393 thousand
  • Courts and legal services$172 thousand
  • Police$1 thousand
Parks, recreation and libraries
8.4%$503 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$388 thousand
  • Libraries$115 thousand
Health and hospitals
5.6%$336 thousand
What's in health and hospitalsPublic health
  • Public health$336 thousand
Interest on debt
0.7%$43 thousand
Sent to other local governments
<0.1%$2 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$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lake George. 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 Town of Lake George 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.