Town government · Collin County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Lavon took in $6.9 million and spent $2.7 million.

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

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Where it comes from

Fines and other53%Town taxes25%Fees for services (sewer, garbage collection)15%State tax money6.7%

What stands out

52%

of Lavon's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

Town taxes25%

Property tax
16%$1.1 million
Sales tax
5.8%$395 thousand
Other taxes
2.8%$192 thousand
What's in other taxesOther selective sales taxes and public utility taxes
  • Other selective sales taxes$149 thousand
  • Public utility taxes$43 thousand

Amounts are by Census tax category.

Fees for services15%

Fees for services
15%$1.0 million
What's in fees for servicesSewer and garbage collection
  • Sewer$560 thousand
  • Garbage collection$484 thousand

Amounts are by Census type of charge.

State tax money6.7%

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

From the state
6.7%$461 thousand

Fines and other53%

Interest, rents and other
52%$3.6 million
Fines
0.6%$43 thousand

Where it goes

Police, fire, courts and jails52%Interest on debt22%Running the government and other costs20%Water, sewer, trash and utilities4.9%Health and hospitals1.0%Social services0.4%

What stands out

22%

of Lavon's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Police, fire, courts and jails
52%$1.4 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
  • Police$748 thousand
  • Inspections and regulation$468 thousand
  • Fire protection$108 thousand
  • Courts and legal services$72 thousand
Interest on debt
22%$596 thousand
Running the government and other costs
20%$527 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$305 thousand
  • Other and not broken out$204 thousand
  • Finance, tax collection and budgeting$18 thousand
Water, sewer, trash and utilities
4.9%$132 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$132 thousand
Health and hospitals
1.0%$26 thousand
What's in health and hospitalsPublic health
  • Public health$26 thousand
Social services
0.4%$11 thousand
What's in social servicesWelfare institutions
  • Welfare institutions$11 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Lavon. 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 Lavon 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.