Town government · Denton County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Lake Dallas took in $5.9 million and spent $6.3 million.

Latest recorded year: ended September 30, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Town taxes85%Fines and other10%State tax money4.9%

What stands out

18%

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

Town taxes85%

Property tax
63%$3.7 million
Sales tax
18%$1.1 million
Other taxes
3.7%$219 thousand
What's in other taxesOther selective sales taxes and alcoholic beverage licenses
  • Other selective sales taxes$217 thousand
  • Alcoholic beverage licenses$2 thousand

Amounts are by Census tax category.

State tax money4.9%

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

From the state
4.9%$292 thousand

Fines and other10%

Fines
10%$621 thousand

Where it goes

Police, fire, courts and jails60%Running the government and other costs34%Parks, recreation and libraries3.3%Interest on debt3.2%

What stands out

60%

of Lake Dallas' 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
60%$3.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$2.2 million
  • Fire protection$1.4 million
  • Courts and legal services$258 thousand
Running the government and other costs
34%$2.1 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$1.4 million
  • Central staff services (personnel, purchasing, technology)$623 thousand
  • Finance, tax collection and budgeting$89 thousand
Parks, recreation and libraries
3.3%$208 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$208 thousand
Interest on debt
3.2%$202 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lake Dallas. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. 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 Town of Lake Dallas 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.