City government · Lampasas County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Lometa took in $1.3 million and spent $146 thousand.

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

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Where it comes from

State tax money43%Federal tax money34%City taxes17%Fees for services (water, electric power)4.3%Fines and other2.2%

What stands out

34%

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

City taxes17%

Property tax
7.1%$92 thousand
Sales tax
5.3%$68 thousand
Other taxes
4.3%$56 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$56 thousand

Amounts are by Census tax category.

Fees for services4.3%

Fees for services
4.3%$56 thousand
What's in fees for servicesWater and electric power
  • Water$51 thousand
  • Electric power$5 thousand

Amounts are by Census type of charge.

Federal tax money34%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
34%$443 thousand

State tax money43%

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

From the state
43%$550 thousand

Fines and other2.2%

Interest, rents and other
2.2%$28 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 costs79%Police, fire, courts and jails21%

Spending by category100%

Running the government and other costs
79%$115 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$108 thousand
  • Other and not broken out$7 thousand
Police, fire, courts and jails
21%$31 thousand
What's in police, fire, courts and jailsCourts and legal services
  • Courts and legal services$31 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lometa. 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 Lometa 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.