Overview
Lakin, the county seat of Kearny County, closed 2025 with $5,187,506 in unencumbered cash, down slightly from $5,292,500 at the start of the year: receipts of $6,098,503 against expenditures of $6,219,481. The city is an electric-utility town — the Electric Utility alone took in $2,414,082 and spent $2,756,147 — and its two largest balances are reserves: the Electric Reserve at $1,302,042 and the Capital Improvement fund at $1,121,091. The General Fund closed at $412,834.
Source: City of Lakin financial statement, December 31, 2025 (state audit file, PDF).
At a glance
Funds & figures
City-wide walk (audited, regulatory basis): $5,292,500 opening + $6,098,503 receipts − $6,219,481 expenditures = $5,171,522 ending cash; plus $15,984 encumbrances = $5,187,506 ending unencumbered cash. Cash composition: checking $2,251,939 + money market $2,935,567 = $5,187,506.
| Fund / item | Amount |
|---|---|
| General Fund | $412,834 |
| Electric Utility | $120,693 |
| Water Utility | $208,330 |
| Sewage Disposal | $104,365 |
| Special Highway | $284,077 |
| Special Equipment | $366,024 |
| Capital Improvement | $1,121,091 |
| Electric Reserve | $1,302,042 |
| Water Reserve | $569,052 |
| Transient Guest Tax | $93,775 |
| Total reporting entity, ending unencumbered | $5,187,506 |
Fund walks: General — $514,202 + $1,062,729 − $1,164,097 = $412,834. Electric Utility — $459,485 + $2,414,082 − $2,756,147 = $117,420 ending cash; plus $3,273 = $120,693. Water Utility — $240,364 + $783,190 − $827,922 = $195,632; plus $12,698 = $208,330. Sewage Disposal — $138,827 + $144,500 − $178,962 = $104,365. Special Highway — $275,477 + $57,259 − $48,659 = $284,077. Electric Reserve — $1,565,374 − $263,332 = $1,302,042. Capital Improvement — $621,091 + $500,000 = $1,121,091.
Source: City of Lakin financial statement, December 31, 2025, summary statement.
Sources & notes
- Only source used: City of Lakin financial statement, December 31, 2025 (state audit file; Medill & Thooft, May 8, 2026). Read the statement (PDF).
- Sum checks: city-wide walk ($5,292,500 + $6,098,503 − $6,219,481 = $5,171,522; + $15,984 = $5,187,506); General, Electric, Water, Sewage, Special Highway, Electric Reserve, and Capital Improvement walks as shown above; cash composition ($2,251,939 + $2,935,567 = $5,187,506). All were verified by addition.
- Audit opinions disclosed: unmodified on the Kansas regulatory basis; adverse on U.S. GAAP, solely because the regulatory basis departs from GAAP. The statement does not recognize capital assets or long-term debt, so no net-position or debt figures are reported here.
- City palette: no verified City of Lakin palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a city color.