Village government · Warren County, NY

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

In the latest recorded fiscal year (ended May 31, 2022), Lake George took in $11.3 million and spent $10.2 million.

Latest recorded year: ended May 31, 2022Comes fromGoes to

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Where it comes from

State tax money32%Fees for services (parking, water)30%Village taxes18%County and local tax money16%Fines and other3.2%Federal tax money0.4%

What stands out

16%

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

Village taxes18%

Property tax
13%$1.4 million
Other taxes
5.6%$631 thousand
What's in other taxesOther selective sales taxes; public utility taxes and 2 more
  • Other selective sales taxes$482 thousand
  • Public utility taxes$68 thousand
  • Other licenses$48 thousand
  • Occupation and business licenses$33 thousand

Amounts are by Census tax category.

Fees for services30%

Fees for services
30%$3.3 million
What's in fees for servicesParking; water and 3 more
  • Parking$1.9 million
  • Water$977 thousand
  • Sewer$351 thousand
  • Parks and recreation$72 thousand
  • Other service charges$66 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$45 thousand

State tax money32%

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

From the state
32%$3.6 million

County and local tax money16%

Money passed on by the county or other local governments.

From the county and other local governments
16%$1.9 million

Fines and other3.2%

Fines
1.7%$188 thousand
Interest, rents and other
1.6%$177 thousand

Where it goes

Water, sewer, trash and utilities66%Running the government and other costs17%Roads, transit and parking9.6%Interest on debt3.0%Police, fire, courts and jails2.1%All other spending2.4%

What stands out

66%

of Lake George'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
66%$6.7 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$5.9 million
  • Water supply$759 thousand
  • Garbage and solid waste$22 thousand
Running the government and other costs
17%$1.7 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$1.3 million
  • Finance, tax collection and budgeting$249 thousand
  • Central staff services (personnel, purchasing, technology)$99 thousand
  • Government buildings$55 thousand
Roads, transit and parking
9.6%$978 thousand
What's in roads, transit and parkingRoads and highways; parking and 1 more
  • Roads and highways$718 thousand
  • Parking$250 thousand
  • Public transit$10 thousand
Interest on debt
3.0%$309 thousand
Police, fire, courts and jails
2.1%$209 thousand
What's in police, fire, courts and jailsFire protection; courts and legal services and 2 more
  • Fire protection$109 thousand
  • Courts and legal services$56 thousand
  • Police$32 thousand
  • Inspections and regulation$12 thousand
Parks, recreation and libraries
2.1%$209 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$209 thousand
Sent to other local governments
0.4%$39 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$39 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Lake George. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended May 31, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village 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.