City government · Hamilton County, TN

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

In the latest recorded fiscal year (ended June 30, 2022), Lakesite took in $1.9 million and spent $1.1 million.

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

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Where it comes from

City taxes52%County and local tax money24%State tax money14%Fines and other9.6%

What stands out

24%

of Lakesite's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes52%

Other taxes
34%$641 thousand
What's in other taxesAlcoholic beverage taxes; public utility taxes and 1 more
  • Alcoholic beverage taxes$548 thousand
  • Public utility taxes$77 thousand
  • Other licenses$16 thousand

Amounts are by Census tax category.

Property tax
18%$349 thousand

State tax money14%

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

From the state
14%$268 thousand

County and local tax money24%

Money passed on by the county or other local governments.

From the county and other local governments
24%$467 thousand

Fines and other9.6%

Interest, rents and other
9.6%$183 thousand

Where it goes

Roads, transit and parking35%Police, fire, courts and jails24%Running the government and other costs21%Water, sewer, trash and utilities15%Parks, recreation and libraries4.8%Health and hospitals1.1%

What stands out

35%

of Lakesite's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
35%$392 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$392 thousand
Police, fire, courts and jails
24%$272 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$154 thousand
  • Fire protection$118 thousand
Running the government and other costs
21%$236 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$208 thousand
  • Government buildings$18 thousand
  • Finance, tax collection and budgeting$9 thousand
  • Other and not broken out$1 thousand
Water, sewer, trash and utilities
15%$168 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$168 thousand
Parks, recreation and libraries
4.8%$55 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$55 thousand
Health and hospitals
1.1%$12 thousand
What's in health and hospitalsPublic health
  • Public health$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lakesite. 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 City of Lakesite 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.