City government · Kingsbury County, SD

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

In the latest recorded fiscal year (ended December 31, 2021), Lake Preston took in $1.0 million and spent $770 thousand.

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

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Where it comes from

City taxes61%Fines and other32%Fees for services (sewer, liquor stores)6.0%State tax money1.1%

What stands out

32%

of Lake Preston's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes61%

Property tax
61%$628 thousand

Fees for services6.0%

Fees for services
6.0%$62 thousand
What's in fees for servicesSewer; liquor stores and 2 more
  • Sewer$45 thousand
  • Liquor stores$9 thousand
  • Other government-run businesses$6 thousand
  • Parks and recreation$2 thousand

Amounts are by Census type of charge.

State tax money1.1%

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

From the state
1.1%$11 thousand

Fines and other32%

Interest, rents and other
32%$332 thousand

Where it goes

Running the government and other costs32%Roads, transit and parking23%Parks, recreation and libraries15%Police, fire, courts and jails12%Health and hospitals11%Water, sewer, trash and utilities7.1%

What stands out

11%

of Lake Preston's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
32%$244 thousand
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 3 more
  • Finance, tax collection and budgeting$119 thousand
  • Other and not broken out$46 thousand
  • Government buildings$44 thousand
  • Central staff services (personnel, purchasing, technology)$31 thousand
  • Other government-run businesses$4 thousand
Roads, transit and parking
23%$175 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$175 thousand
Parks, recreation and libraries
15%$119 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$96 thousand
  • Libraries$23 thousand
Police, fire, courts and jails
12%$91 thousand
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$54 thousand
  • Police$36 thousand
  • Courts and legal services$1 thousand
Health and hospitals
11%$86 thousand
What's in health and hospitalsPublic health
  • Public health$86 thousand
Water, sewer, trash and utilities
7.1%$55 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$55 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Preston. 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 Lake Preston 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.