City government · Macon County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Lafayette took in $7.3 million and spent $3.9 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

City taxes50%Fees for services (water, gas)33%Federal tax money9.9%Fines and other3.6%State tax money2.6%County and local tax money0.5%

What stands out

31%

of Lafayette's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes50%

Sales tax
31%$2.3 million
Property tax
12%$837 thousand
Other taxes
7.8%$564 thousand
What's in other taxesAlcoholic beverage taxes; occupation and business licenses and 2 more
  • Alcoholic beverage taxes$243 thousand
  • Occupation and business licenses$207 thousand
  • Public utility taxes$110 thousand
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services33%

Fees for services
33%$2.4 million
What's in fees for servicesWater; gas and 2 more
  • Water$870 thousand
  • Gas$773 thousand
  • Sewer$730 thousand
  • Parks and recreation$40 thousand

Amounts are by Census type of charge.

Federal tax money9.9%

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

From the federal government
9.9%$719 thousand

State tax money2.6%

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

From the state
2.6%$188 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$33 thousand

Fines and other3.6%

Interest, rents and other
2.8%$205 thousand
Fines
0.8%$57 thousand

Where it goes

Police, fire, courts and jails42%Water, sewer, trash and utilities38%Roads, transit and parking12%Running the government and other costs3.9%Interest on debt2.8%Parks, recreation and libraries1.2%

What stands out

42%

of Lafayette'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%

Police, fire, courts and jails
42%$1.6 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.1 million
  • Fire protection$485 thousand
  • Courts and legal services$12 thousand
Water, sewer, trash and utilities
38%$1.5 million
What's in water, sewer, trash and utilitiesWater supply; gas supply and 2 more
  • Water supply$777 thousand
  • Gas supply$342 thousand
  • Sewer systems$273 thousand
  • Garbage and solid waste$75 thousand
Roads, transit and parking
12%$453 thousand
What's in roads, transit and parkingAirports
  • Airports$453 thousand
Running the government and other costs
3.9%$151 thousand
What's in running the government and other costsFinance, tax collection and budgeting
  • Finance, tax collection and budgeting$151 thousand
Interest on debt
2.8%$107 thousand
Parks, recreation and libraries
1.2%$46 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$46 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lafayette. 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 Lafayette 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.