City government · Lorain County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Sheffield Lake took in $13.3 million and spent $11.5 million.

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

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Where it comes from

Fees for services (sewer, water)49%City taxes40%County and local tax money7.7%Fines and other2.2%State tax money0.3%

What stands out

27%

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

City taxes40%

Individual income tax
27%$3.6 million
Property tax
10%$1.4 million
Other taxes
2.9%$384 thousand
What's in other taxesEstate and gift taxes; motor vehicle licenses and 1 more
  • Estate and gift taxes$244 thousand
  • Motor vehicle licenses$122 thousand
  • Occupation and business licenses$18 thousand

Amounts are by Census tax category.

Fees for services49%

Fees for services
49%$6.6 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$4.1 million
  • Water$1.8 million
  • Garbage collection$452 thousand
  • Other service charges$204 thousand
  • Parks and recreation$15 thousand

Amounts are by Census type of charge.

State tax money0.3%

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

From the state
0.3%$46 thousand

County and local tax money7.7%

Money passed on by the county or other local governments.

From the county and other local governments
7.7%$1.0 million

Fines and other2.2%

Interest, rents and other
2.0%$271 thousand
Fines
0.2%$22 thousand

Where it goes

Water, sewer, trash and utilities44%Running the government and other costs21%Police, fire, courts and jails21%Roads, transit and parking8.9%Interest on debt2.5%Parks, recreation and libraries2.2%

What stands out

21%

of Sheffield Lake's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Water, sewer, trash and utilities
44%$5.1 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$2.9 million
  • Water supply$1.7 million
  • Garbage and solid waste$532 thousand
Running the government and other costs
21%$2.4 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$1.8 million
  • Other and not broken out$624 thousand
Police, fire, courts and jails
21%$2.4 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.9 million
  • Fire protection$469 thousand
Roads, transit and parking
8.9%$1.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.0 million
Interest on debt
2.5%$284 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$238 thousand
  • Interest on water supply debt$46 thousand
Parks, recreation and libraries
2.2%$258 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$258 thousand
Sources and moreWhere these numbers come from and what they cover

City of Sheffield Lake. 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 City of Sheffield Lake 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.