Village government · Franklin County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Lockbourne took in $478 thousand and spent $93 thousand.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Village taxes71%County and local tax money28%State tax money0.4%

What stands out

67%

of Lockbourne's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

Village taxes71%

Individual income tax
67%$322 thousand
Property tax
3.1%$15 thousand
Other taxes
0.8%$4 thousand
What's in other taxesMotor vehicle licenses and alcoholic beverage licenses
  • Motor vehicle licenses$3 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

State tax money0.4%

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

From the state
0.4%$2 thousand

County and local tax money28%

Money passed on by the county or other local governments.

From the county and other local governments
28%$135 thousand

Where it goes

Running the government and other costs75%Parks, recreation and libraries16%Interest on debt8.6%

What stands out

75%

of Lockbourne'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
75%$70 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$39 thousand
  • Finance, tax collection and budgeting$20 thousand
  • Other and not broken out$11 thousand
Parks, recreation and libraries
16%$15 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$15 thousand
Interest on debt
8.6%$8 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Lockbourne. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Village of Lockbourne 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.