Town government · Lamb County, TX

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

In the latest recorded fiscal year (ended September 30, 2021), Springlake took in $344 thousand and spent $71 thousand.

Latest recorded year: ended September 30, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

State tax money61%Town taxes28%Fees for services (water, sewer)11%

What stands out

61%

of Springlake's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes28%

Property tax
20%$68 thousand
Other taxes
8.4%$29 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$29 thousand

Amounts are by Census tax category.

Sales tax
0.3%$1 thousand

Fees for services11%

Fees for services
11%$37 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$19 thousand
  • Sewer$12 thousand
  • Garbage collection$6 thousand

Amounts are by Census type of charge.

State tax money61%

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

From the state
61%$209 thousand

Where it goes

Water, sewer, trash and utilities70%Running the government and other costs30%

What stands out

70%

of Springlake's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
70%$50 thousand
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$28 thousand
  • Sewer systems$15 thousand
  • Garbage and solid waste$7 thousand
Running the government and other costs
30%$21 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$21 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Springlake. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Springlake 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.