City government · Floyd County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Lockney took in $1.8 million and spent $211 thousand.

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

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Where it comes from

Fees for services (water, sewer)55%State tax money28%City taxes16%

What stands out

7.9%

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

City taxes16%

Property tax
8.5%$149 thousand
Sales tax
7.9%$138 thousand

Fees for services55%

Fees for services
55%$966 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$560 thousand
  • Sewer$319 thousand
  • Other government-run businesses$87 thousand

Amounts are by Census type of charge.

State tax money28%

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

From the state
28%$497 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Running the government and other costs70%Water, sewer, trash and utilities26%Police, fire, courts and jails4.3%

Spending by category100%

Running the government and other costs
70%$147 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$144 thousand
  • Central staff services (personnel, purchasing, technology)$3 thousand
Water, sewer, trash and utilities
26%$55 thousand
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$53 thousand
  • Garbage and solid waste$2 thousand
Police, fire, courts and jails
4.3%$9 thousand
What's in police, fire, courts and jailsCourts and legal services and fire protection
  • Courts and legal services$6 thousand
  • Fire protection$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lockney. 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 Lockney 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.