City government · Travis County, TX

Lago Vista's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Lago Vista took in $37.9 million and spent $25.9 million.

Latest recorded year: ended September 30, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (water, sewer)39%Fines and other33%City taxes27%State tax money1.3%

What stands out

32%

of Lago Vista'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 taxes27%

Property tax
23%$8.8 million
Sales tax
2.8%$1.1 million
Other taxes
0.6%$244 thousand
What's in other taxesOther taxes not classified elsewhere
  • Other taxes not classified elsewhere$244 thousand

Amounts are by Census tax category.

Fees for services39%

Fees for services
39%$14.7 million
What's in fees for servicesWater; sewer and 3 more
  • Water$6.7 million
  • Sewer$5.0 million
  • Parks and recreation$1.4 million
  • Garbage collection$1.2 million
  • Airport$391 thousand

Amounts are by Census type of charge.

State tax money1.3%

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

From the state
1.3%$499 thousand

Fines and other33%

Interest, rents and other
32%$12.2 million
Fines
1.1%$410 thousand

Where it goes

Water, sewer, trash and utilities30%Running the government and other costs29%Roads, transit and parking14%Police, fire, courts and jails12%Parks, recreation and libraries9.5%Interest on debt5.3%

What stands out

10%

of Lago Vista's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
30%$7.6 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$3.9 million
  • Sewer systems$2.7 million
  • Garbage and solid waste$1.1 million
Running the government and other costs
29%$7.5 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$5.0 million
  • Other and not broken out$2.0 million
  • Finance, tax collection and budgeting$295 thousand
  • Government buildings$125 thousand
Roads, transit and parking
14%$3.7 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$3.2 million
  • Airports$492 thousand
Police, fire, courts and jails
12%$3.2 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$3.0 million
  • Courts and legal services$189 thousand
Parks, recreation and libraries
9.5%$2.5 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.2 million
  • Libraries$233 thousand
Interest on debt
5.3%$1.4 million
Sources and moreWhere these numbers come from and what they cover

City of Lago Vista. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Lago Vista 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.