City government · Lexington City, VA
Lexington's money: where it comes from and where it goes
In the latest recorded fiscal year (ended June 30, 2024), Lexington took in $41.8 million and spent $36.9 million.
See every government that serves your ZIP
Where it comes from
What stands out
of Lexington's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.
City taxes34%
What's in other taxesOther selective sales taxes; occupation and business licenses and 4 more
- Other selective sales taxes$2.8 million
- Occupation and business licenses$774 thousand
- Other licenses$430 thousand
- Public utility taxes$349 thousand
- Real estate and stock transfer taxes$61 thousand
- Tobacco taxes$53 thousand
Amounts are by Census tax category.
Fees for services23%
What's in fees for servicesSewer; water and 7 more
- Sewer$3.7 million
- Water$3.7 million
- Other service charges$1.6 million
- Garbage collection$190 thousand
- School tuition and transportation$163 thousand
- School lunches$123 thousand
- Road charges$12 thousand
- Parks and recreation$8 thousand
- Other school charges$1 thousand
Amounts are by Census type of charge.
Federal tax money10%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money13%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money5.7%
Money passed on by the county or other local governments.
Fines and other15%
Where it goes
What stands out
of Lexington's spending goes to schools and colleges.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.
Spending by category100%
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
- Sewer systems$4.6 million
- Water supply$2.4 million
- Garbage and solid waste$703 thousand
What's in schools and collegesElementary and secondary schools
- Elementary and secondary schools$7.4 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$3.4 million
- Fire protection$1.9 million
- Courts and legal services$366 thousand
- Prisons and jails$199 thousand
What's in roads, transit and parkingRoads and highways
- Roads and highways$3.8 million
What's in running the government and other costsOther and not broken out; government buildings and 2 more
- Other and not broken out$1.8 million
- Government buildings$814 thousand
- Finance, tax collection and budgeting$495 thousand
- Central staff services (personnel, purchasing, technology)$65 thousand
What's in social servicesOther public welfare
- Other public welfare$2.9 million
What's in sent to other local governmentsSent to local governments: other and not broken out
- Sent to local governments: other and not broken out$1.9 million
What's in health and hospitalsPublic health
- Public health$1.6 million
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$1.4 million
- Libraries$148 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
- Natural resources, farming and conservation$33 thousand
Sources and moreWhere these numbers come from and what they cover
City of Lexington. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.
What this covers. The money of City of Lexington 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.