City government · Travis County, TX
Lakeway's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2021), Lakeway took in $16.9 million and spent $15.0 million.
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Where it comes from
What stands out
of Lakeway's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.
City taxes86%
What's in other taxesOccupation and business licenses
- Occupation and business licenses$2.9 million
Amounts are by Census tax category.
Fees for services14%
What's in fees for servicesGarbage collection and parks and recreation
- Garbage collection$1.8 million
- Parks and recreation$600 thousand
Amounts are by Census type of charge.
Where it goes
What stands out
of Lakeway's spending goes to police, fire, courts and jails.A typical U.S. city of 10,000 to 50,000 people spends 24%.
Spending by category100%
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
- Police$5.7 million
- Inspections and regulation$1.7 million
- Courts and legal services$574 thousand
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
- Other and not broken out$3.2 million
- Finance, tax collection and budgeting$2.0 million
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$976 thousand
Sources and moreWhere these numbers come from and what they cover
City of Lakeway. 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 City of Lakeway 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.