County government · Lake County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Lake County took in $17.0 million and spent $17.9 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money73%County taxes16%Fees for services5.4%Fines and other3.9%Federal tax money0.8%Local tax money0.3%

What stands out

73%

of Lake County's money comes from state tax money.A typical U.S. county of under 50,000 people gets 23%.

County taxes16%

Property tax
9.5%$1.6 million
Sales tax
4.7%$800 thousand
Other taxes
2.0%$335 thousand
What's in other taxesMotor vehicle licenses; other selective sales taxes and 4 more
  • Motor vehicle licenses$219 thousand
  • Other selective sales taxes$64 thousand
  • Occupation and business licenses$31 thousand
  • Alcoholic beverage taxes$10 thousand
  • Public utility licenses$8 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services5.4%

Fees for services
5.4%$909 thousand
What's in fees for servicesOther service charges and other school charges
  • Other service charges$632 thousand
  • Other school charges$277 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$137 thousand

State tax money73%

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

From the state
73%$12.4 million

Local tax money0.3%

Money passed on by the county or other local governments.

From other local governments
0.3%$49 thousand

Fines and other3.9%

Interest, rents and other
3.4%$578 thousand
Fines
0.5%$89 thousand

Where it goes

Schools and colleges59%Police, fire, courts and jails11%Running the government and other costs10%Roads, transit and parking9.1%Health and hospitals4.4%All other spending6.2%

What stands out

59%

of Lake County's spending goes to schools and colleges.Most U.S. counties of under 50,000 people spend nothing on this.

Spending by category100%

Schools and colleges
59%$10.6 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$10.6 million
Police, fire, courts and jails
11%$2.0 million
What's in police, fire, courts and jailsPolice; prisons and jails and 1 more
  • Police$757 thousand
  • Prisons and jails$696 thousand
  • Courts and legal services$565 thousand
Running the government and other costs
10%$1.8 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$1.0 million
  • Finance, tax collection and budgeting$367 thousand
  • Central staff services (personnel, purchasing, technology)$323 thousand
  • Government buildings$67 thousand
Roads, transit and parking
9.1%$1.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.6 million
Health and hospitals
4.4%$781 thousand
What's in health and hospitalsPublic health
  • Public health$781 thousand
Sent to other local governments
3.0%$539 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$539 thousand
Interest on debt
1.7%$305 thousand
Social services
0.7%$121 thousand
What's in social servicesOther public welfare
  • Other public welfare$121 thousand
Water, sewer, trash and utilities
0.6%$99 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$99 thousand
Environment and natural resources
0.2%$32 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$32 thousand
Parks, recreation and libraries
<0.1%$13 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$13 thousand
Sources and moreWhere these numbers come from and what they cover

Lake County. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. 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 Lake County 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.