City government · King County, WA

Lake Forest Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Lake Forest Park took in $22.6 million and spent $18.7 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes43%Fees for services (sewer, road charges)30%Fines and other16%State tax money9.8%County and local tax money0.8%

What stands out

10%

of Lake Forest Park's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes43%

Other taxes
18%$4.0 million
What's in other taxesPublic utility taxes; other licenses and 4 more
  • Public utility taxes$1.6 million
  • Other licenses$736 thousand
  • Real estate and stock transfer taxes$713 thousand
  • Motor vehicle licenses$487 thousand
  • Occupation and business licenses$482 thousand
  • Amusement taxes$18 thousand

Amounts are by Census tax category.

Property tax
15%$3.4 million
Sales tax
10%$2.4 million

Fees for services30%

Fees for services
30%$6.8 million
What's in fees for servicesSewer; other service charges and 1 more
  • Sewer$5.5 million
  • Other service charges$764 thousand
  • Road charges$608 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$1 thousand

State tax money9.8%

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

From the state
9.8%$2.2 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$181 thousand

Fines and other16%

Fines
10%$2.3 million
Interest, rents and other
5.5%$1.2 million

Where it goes

Police, fire, courts and jails36%Running the government and other costs24%Water, sewer, trash and utilities19%Environment and natural resources8.7%Roads, transit and parking6.2%All other spending6.3%

What stands out

8.7%

of Lake Forest Park's spending goes to the environment and natural resources.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
36%$6.7 million
What's in police, fire, courts and jailsPolice; courts and legal services and 2 more
  • Police$5.3 million
  • Courts and legal services$956 thousand
  • Prisons and jails$458 thousand
  • Probation, parole and other corrections$10 thousand
Running the government and other costs
24%$4.4 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$2.1 million
  • Central staff services (personnel, purchasing, technology)$1.4 million
  • Other and not broken out$639 thousand
  • Government buildings$297 thousand
Water, sewer, trash and utilities
19%$3.6 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$3.6 million
Environment and natural resources
8.7%$1.6 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1.6 million
Roads, transit and parking
6.2%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Parks, recreation and libraries
2.4%$447 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$447 thousand
Sent to other local governments
2.1%$402 thousand
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$402 thousand
Housing and community development
1.4%$253 thousand
Interest on debt
0.3%$54 thousand
Health and hospitals
0.1%$25 thousand
What's in health and hospitalsPublic health
  • Public health$25 thousand
Sources and moreWhere these numbers come from and what they cover

City of Lake Forest Park. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Lake Forest Park 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.