City government · Henderson County, TN

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

In the latest recorded fiscal year (ended June 30, 2024), Lexington took in $18.8 million and spent $23.1 million.

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

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Where it comes from

State tax money44%City taxes40%County and local tax money7.6%Fines and other4.4%Fees for services (school lunches, parks and recreation)3.6%

What stands out

22%

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

City taxes40%

Sales tax
22%$4.2 million
Property tax
12%$2.3 million
Other taxes
5.7%$1.1 million
What's in other taxesAlcoholic beverage taxes; occupation and business licenses and 3 more
  • Alcoholic beverage taxes$607 thousand
  • Occupation and business licenses$313 thousand
  • Public utility taxes$140 thousand
  • Alcoholic beverage licenses$3 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services3.6%

Fees for services
3.6%$672 thousand
What's in fees for servicesOther school charges; school lunches and 2 more
  • Other school charges$481 thousand
  • School lunches$141 thousand
  • Other government-run businesses$31 thousand
  • Parks and recreation$19 thousand

Amounts are by Census type of charge.

State tax money44%

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

From the state
44%$8.3 million

County and local tax money7.6%

Money passed on by the county or other local governments.

From the county and other local governments
7.6%$1.4 million

Fines and other4.4%

Fines
3.2%$607 thousand
Interest, rents and other
1.1%$213 thousand

Where it goes

Schools and colleges53%Police, fire, courts and jails22%Roads, transit and parking9.3%Water, sewer, trash and utilities8.8%Running the government and other costs3.3%All other spending3.5%

What stands out

53%

of Lexington's spending goes to schools and colleges.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Schools and colleges
53%$12.2 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$12.2 million
Police, fire, courts and jails
22%$5.1 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$3.3 million
  • Fire protection$1.4 million
  • Inspections and regulation$394 thousand
Roads, transit and parking
9.3%$2.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.2 million
Water, sewer, trash and utilities
8.8%$2.0 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$2.0 million
Running the government and other costs
3.3%$772 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$772 thousand
Parks, recreation and libraries
2.4%$551 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$500 thousand
  • Libraries$51 thousand
Interest on debt
1.0%$222 thousand
Sent to other local governments
0.1%$26 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$26 thousand
Sources and moreWhere these numbers come from and what they cover

City 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 City 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.