City government · Florence County, SC
Lake City's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2022), Lake City took in $1.1 million and spent $3.2 million.
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Where it comes from
What stands out
of Lake City's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.
City taxes100%
What's in other taxesOther selective sales taxes and alcoholic beverage taxes
- Other selective sales taxes$1.0 million
- Alcoholic beverage taxes$91 thousand
Amounts are by Census tax category.
Where it goes
What stands out
of Lake City'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%
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$1.2 million
- Fire protection$498 thousand
- Courts and legal services$91 thousand
- Inspections and regulation$69 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 1 more
- Garbage and solid waste$391 thousand
- Sewer systems$220 thousand
- Water supply$155 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
- Finance, tax collection and budgeting$209 thousand
- Central staff services (personnel, purchasing, technology)$67 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$183 thousand
What's in roads, transit and parkingAirports
- Airports$4 thousand
Sources and moreWhere these numbers come from and what they cover
City of Lake City. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.
What this covers. The money of City 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.