Town government · Tarrant County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Lakeside took in $2.3 million and spent $2.1 million.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

Fees for services (water, garbage collection)45%Town taxes41%Fines and other13%State tax money0.1%

What stands out

13%

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

Town taxes41%

Property tax
30%$697 thousand
Sales tax
11%$243 thousand

Fees for services45%

Fees for services
45%$1.0 million
What's in fees for servicesWater; garbage collection and 1 more
  • Water$839 thousand
  • Garbage collection$140 thousand
  • Sewer$61 thousand

Amounts are by Census type of charge.

State tax money0.1%

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

From the state
0.1%$3 thousand

Fines and other13%

Fines
13%$302 thousand
Interest, rents and other
0.2%$5 thousand

Where it goes

Water, sewer, trash and utilities49%Police, fire, courts and jails42%Running the government and other costs5.9%Interest on debt3.4%

What stands out

42%

of Lakeside's 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%

Water, sewer, trash and utilities
49%$1.0 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$839 thousand
  • Sewer systems$139 thousand
  • Garbage and solid waste$61 thousand
Police, fire, courts and jails
42%$880 thousand
What's in police, fire, courts and jailsPolice
  • Police$880 thousand
Running the government and other costs
5.9%$125 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$125 thousand
Interest on debt
3.4%$73 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lakeside. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Lakeside 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.