Borough government · Erie County, PA

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

In the latest recorded fiscal year (ended December 31, 2021), Lake City took in $2.0 million and spent $2.3 million.

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

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Where it comes from

Fees for services (sewer, water)42%Borough taxes39%State tax money8.4%Federal tax money7.5%Fines and other2.3%County and local tax money0.6%

What stands out

15%

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

Borough taxes39%

Property tax
18%$367 thousand
Individual income tax
15%$291 thousand
Other taxes
6.0%$120 thousand
What's in other taxesOccupation and business licenses; public utility licenses and 1 more
  • Occupation and business licenses$44 thousand
  • Public utility licenses$38 thousand
  • Real estate and stock transfer taxes$38 thousand

Amounts are by Census tax category.

Fees for services42%

Fees for services
42%$844 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$649 thousand
  • Water$149 thousand
  • Other service charges$46 thousand

Amounts are by Census type of charge.

Federal tax money7.5%

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

From the federal government
7.5%$149 thousand

State tax money8.4%

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

From the state
8.4%$168 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$11 thousand

Fines and other2.3%

Interest, rents and other
1.7%$33 thousand
Fines
0.7%$13 thousand

Where it goes

Water, sewer, trash and utilities39%Roads, transit and parking29%Running the government and other costs17%Police, fire, courts and jails15%Parks, recreation and libraries<0.1%

What stands out

29%

of Lake City's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
39%$916 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$713 thousand
  • Water supply$203 thousand
Roads, transit and parking
29%$672 thousand
What's in roads, transit and parkingRoads and highways; ports and harbors and 1 more
  • Roads and highways$640 thousand
  • Ports and harbors$30 thousand
  • Public transit$2 thousand
Running the government and other costs
17%$409 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$159 thousand
  • Finance, tax collection and budgeting$131 thousand
  • Other and not broken out$105 thousand
  • Government buildings$14 thousand
Police, fire, courts and jails
15%$343 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$310 thousand
  • Fire protection$33 thousand
Parks, recreation and libraries
<0.1%$2 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$1 thousand
  • Parks and recreation$1 thousand
Interest on debt
<0.1%$1 thousand
Sources and moreWhere these numbers come from and what they cover

Borough of Lake City. 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 Borough of Lake City 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.