Town government · Lexington County, SC

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

In the latest recorded fiscal year (ended June 30, 2024), Lexington took in $70.7 million and spent $60.9 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (sewer, water)54%Town taxes29%Fines and other7.8%Federal tax money7.6%County and local tax money0.9%State tax money0.5%

What stands out

23%

of Lexington's money comes from taxes other than property, sales and income taxes.A typical U.S. city of 10,000 to 50,000 people gets 6.1%.

Town taxes29%

Other taxes
23%$16.3 million
What's in other taxesOccupation and business licenses; other selective sales taxes and 3 more
  • Occupation and business licenses$8.2 million
  • Other selective sales taxes$4.2 million
  • Public utility licenses$2.8 million
  • Other licenses$781 thousand
  • Other taxes not classified elsewhere$315 thousand

Amounts are by Census tax category.

Property tax
6.3%$4.5 million

Fees for services54%

Fees for services
54%$38.1 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$28.1 million
  • Water$9.7 million
  • Other service charges$339 thousand
  • Parks and recreation$14 thousand

Amounts are by Census type of charge.

Federal tax money7.6%

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

From the federal government
7.6%$5.4 million

State tax money0.5%

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

From the state
0.5%$324 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$608 thousand

Fines and other7.8%

Interest, rents and other
7.5%$5.3 million
Fines
0.4%$254 thousand

Where it goes

Water, sewer, trash and utilities40%Police, fire, courts and jails22%Running the government and other costs15%Parks, recreation and libraries13%Interest on debt5.3%Roads, transit and parking4.1%

What stands out

40%

of Lexington's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
40%$24.5 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$16.1 million
  • Water supply$8.4 million
Police, fire, courts and jails
22%$13.6 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
  • Police$10.2 million
  • Inspections and regulation$2.9 million
  • Courts and legal services$419 thousand
Running the government and other costs
15%$9.4 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$4.4 million
  • Central staff services (personnel, purchasing, technology)$2.7 million
  • Finance, tax collection and budgeting$2.3 million
Parks, recreation and libraries
13%$7.6 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$7.6 million
Interest on debt
5.3%$3.3 million
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$2.6 million
  • Interest on general debt$678 thousand
Roads, transit and parking
4.1%$2.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.5 million
Sources and moreWhere these numbers come from and what they cover

Town of Lexington. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Town of Lexington 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.