City of Lexington

Municipal Government Serviceslexingtonnc.gov

The City of Lexington is a North Carolina municipal government providing utilities (electric, natural gas, water, wastewater), public safety, parks and recreation, and general government services to city residents and Davidson County utility customers on a $95 million annual budget.

Company typePrivate
Founded1828
HeadquartersLexington, United States
Headcount101–250
GTM typeB2C
OfferingServices

What City of Lexington does

The City of Lexington, North Carolina is a municipal government entity incorporated in 1828 by the North Carolina General Assembly, operating under a Council-Manager form of government with an elected Mayor, City Council, and appointed City Manager. It serves approximately 19,000 city residents plus utility customers across Davidson County, providing a full suite of public services including electric, natural gas, water, and wastewater distribution through its wholly-owned Lexington Utilities subsidiary (representing ~76% of the $95 million annual budget), public safety via the Police Department (60 sworn officers, 11 civilians, 5 reserve officers, 4 school guards) and Fire Department, parks and recreation across 20+ facilities, stormwater management under an NPDES Phase II individual permit, cemetery services, and GIS-based mapping services. Revenue mechanics are government-style: recurring utility user charges, property taxes, permits/fees, and intergovernmental grants, with rates set by City Council to recover costs rather than maximize profit. Recent strategic milestones include a $25M BUILD grant for a passenger rail station (2020/2022) and the March 2023 announcement of a $220M+ Siemens Mobility advanced manufacturing facility expected to add 500+ jobs and become one of the city's largest taxpayers. Distribution occurs through City Hall, City Centre, an online customer portal (with PayPal, Venmo, Apple Pay, Google Pay, and retail cash payment options), utility service locations, parks facilities, and digital channels including the city website, Facebook, Twitter, and an email newsletter. Awards include RP3 Reliable Public Power Provider designation (10 consecutive years), EPA Advanced Technology Award for water treatment, and 'Best Tasting Water in the State' recognition.

City of Lexington firmographics

Firmographics

Name: City of Lexington
Legal name: City of Lexington
Website: https://lexingtonnc.gov
Company type: Private
Founded year: 1828
Operating status: Operating
Headcount range: 101–250 employees
Short description: The City of Lexington is a North Carolina municipal government providing utilities (electric, natural gas, water, wastewater), public safety, parks and recreation, and general government services to city residents and Davidson County utility customers on a $95 million annual budget.
Ownership category
akta.pro rank

City of Lexington industry classification

Industry

Product category: Municipal Government Services
NAICS: Executive Offices (921110), Police Protection (922120), Regulation and Administration of Transportation Programs (92612), Administration of Urban Planning and Community and Rural Development (92512)
SIC: Water Supply (4941), Transportation Services (4700)
akta.pro primary industry: Mayor/City Manager & General Administration (BPAIACAA)
akta.pro secondary industries: Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF), Economic Development & Business Licensing (Local) (BPAIACAN), Local Transportation, Parking & Mobility Administration (BPAIACAM), Parks, Recreation & Cultural Services (BPAIACAI)

Keywords

Municipal government services
Public utility services
Water and wastewater treatment
Electric distribution services
Parks and recreation

Where City of Lexington is headquartered

Location

Headquarters

HQ city: Lexington
HQ country: United States
HQ region: North America

Offices4 records

Markets served

City of Lexington business model

Business model

GTM type: B2C
Offering type: Services

Revenue model

Utility Services Revenue: Revenue from water, wastewater, electric, and natural gas distribution services. Utilities account for approximately 76% of the annual budget and serve customers throughout Davidson County.
Property Taxes: Revenue from property taxes assessed on residential and commercial properties within city limits
Fees and Permits: Revenue from various fees including building permits, development fees, special event permits, and other service fees
User Charges and Fees: User charges and fees to recover costs of providing utility services to Lexington Utilities customers

Pricing tiers

Model	Billing	Price
Subscription	Annual	Master Police Officer - Full Time
Subscription	Annual	Police Officer I - Full Time
Subscription	Annual	Utilities Engineer - Full Time
Subscription	Annual	Utility Locator I/II - Full Time
Subscription	Annual	Water Resources Service Worker I/II/III - Full Time
Transaction based/ take rate	Monthly	Utility Bill Payment - Cash Option

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

City of Lexington product offering

Product offering

Core offering

The City of Lexington is a municipal government that provides a comprehensive suite of public services to residents, businesses, and visitors in Lexington, NC and Davidson County. Core offerings include municipally owned utility services (electric, natural gas, water, and wastewater) which constitute approximately 76% of the $95 million annual budget, public safety (police and fire), parks and recreation, stormwater management, cemetery services, and general government administration.

Product overview

The City of Lexington operates as a municipal government providing a comprehensive suite of public services to residents and businesses. The core utility operations (Electric, Natural Gas, Water Resources) are managed under Lexington Utilities and constitute approximately 76% of the annual budget. Public safety is delivered through the Police Department (60 sworn officers) and Fire Department with mutual aid agreements. Additional services include Parks and Recreation (20+ parks and facilities), Stormwater Management (NPDES Phase II compliant), Cemetery Services, GIS/Mapping Services, and the Customer Online Portal for utility bill payments. The city operates a $95 million government and utilities operation with services extending throughout Davidson County.

Differentiator

Problem solved

Functional benefit

Products and services

Electric Utility Services Municipal electric distribution services for residential, commercial and industrial customers across Davidson County, providing reliable and safe electrical service with RP3 designation held for 10 consecutive years.
Natural Gas Services Natural gas distribution for heating, cooking, water heating and clothes drying for residential, commercial and industrial customers since 1954.
Water Resources Water treatment and distribution system along with wastewater treatment and collection, pumping more than six million gallons daily with award-winning water quality (Best Tasting Water in North Carolina, EPA Advanced Technology Award).
Lexington Police Department

Quantifiable outcome

Six million gallons daily water production capacity
+2 more outcomes

Companies that use City of Lexington

Customer profile

Named customers5 records

Ideal customer profiles2 records

City of Lexington technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration12 records

Feature4 records

City of Lexington partnerships and signals

Strategic signal

Partnerships

16 partnerships are on record, tiered flagship, core and supporting.

Siemens MobilityflagshipStrategic or Co-development Partner · 1 March 2023Siemens Mobility announced a new $220+ million advanced manufacturing and rail services facility in Lexington in March 2023. Will create more than 500 new jobs, becoming one of the City's largest employers and largest taxpayer in the City's history.
Davidson County Economic Development CommissioncoreStrategic or Co-development PartnerEconomic development partnership focused on business recruitment and development in Davidson County
Davidson County Airport AuthoritysupportingStrategic or Co-development PartnerPartnership for airport operations and economic development support
Edward C. Smith Civic Center (The Smith)supportingStrategic or Co-development PartnerFinancial support and partnership for civic center operations serving the community
Home Solutions of Davidson CountysupportingStrategic or Co-development PartnerPartnership focused on neighborhood revitalization and housing solutions
Uptown Lexington, IncorporatedcoreStrategic or Co-development PartnerPartnership for uptown commercial district development and revitalization efforts
ElectriCities of North CarolinacoreTechnology or IntegrationElectriCities manages Lexington's electric operations since June 2018. Provides power supply and related services to over 90 community owned electric systems in North Carolina, South Carolina, and Virginia. Helps maintain safe, reliable, and affordable energy.
Holly Grove Fire DepartmentsupportingStrategic or Co-development PartnerMutual aid partner providing additional aerial apparatus capacity during major fire incidents
Linwood Fire DepartmentsupportingStrategic or Co-development PartnerMutual aid partner for fire suppression support
Midway Fire DepartmentsupportingStrategic or Co-development PartnerMutual aid partner for fire suppression support
Silver Valley Fire DepartmentsupportingStrategic or Co-development PartnerMutual aid partner for fire suppression support
South Lexington Fire DepartmentsupportingStrategic or Co-development PartnerMutual aid partner for fire suppression support
West Lexington Fire DepartmentsupportingStrategic or Co-development PartnerMutual aid partner for fire suppression support
Davidson County EMSsupportingStrategic or Co-development PartnerEmergency medical services coordination during major incidents
Davidson CommunicationssupportingStrategic or Co-development PartnerCommunications support during major fire incidents
Davidson Emergency ManagementsupportingStrategic or Co-development PartnerEmergency management coordination during major incidents

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

City of Lexington competitors and assessment

Company assessment

Others

North Carolina League of Municipalities: Industry association representing North Carolina municipal governments, providing legislative advocacy, training and shared services that Lexington participates in as a peer municipal entity. Functions as the closest ecosystem peer for benchmarking municipal governance and advocacy.
ElectriCities of North Carolina: Joint action agency that has managed Lexington's electric operations since June 2018 and serves over 90 community-owned electric systems in NC, SC, and VA. Direct service and operational partner — comparable as an electric utility management organization.

Direct peers

City of Kannapolis: North Carolina city with a similar population and operational scale that has pursued major industrial recruitment and economic development strategies, making it a directly comparable municipal peer on growth trajectory.
City of Thomasville: Adjacent small city in Davidson County, NC, providing a directly comparable set of municipal services including utilities and public safety at a similar operational scale. Closest geographic peer given shared county and similar size characteristics.
City of Salisbury: Small-to-mid North Carolina city operating its own municipally owned electric, water and wastewater utilities, providing a directly comparable municipal utility model with overlapping service categories and regulatory environment.
City of Asheboro: Similar-sized North Carolina municipal government providing utilities, public safety, parks and recreation services. Directly comparable operating footprint and budget envelope for benchmarking municipal delivery.
City of Shelby: Small North Carolina city operating municipally owned electric, natural gas, water and wastewater utilities. Directly comparable vertically integrated municipal utility model with similar rate-recovery philosophy.

Regional players

City of Concord: Adjacent North Carolina municipality offering a comparable suite of municipal services, growing population and industrial tax base, providing a regional benchmark for cities leveraging utilities to fund broader economic development.
City of High Point: Larger Piedmont Triad municipal neighbor operating electric, water and wastewater utilities at greater scale. Comparable utility business model but serves a larger population and broader economic base within the same regional market.

Broad incumbents

City of Winston-Salem: Larger Piedmont Triad municipal government with broad service offerings including transit planning and economic development at scale. Functions as a broad incumbent benchmark for utility, transit and economic development strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

City of Lexington financial estimates

Financial estimate

Revenue estimate

Valuation estimate

City of Lexington leadership team

Management profile

Number of profiles

Profiles5 records

City of Lexington subsidiaries and ownership

Company hierarchy

Subsidiaries5 records

City of Lexington funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

City of Lexington M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about City of Lexington

What does City of Lexington do?

Is City of Lexington a public or private company?

City of Lexington is a private company. It is classified as state government owned and is currently operating.

When was City of Lexington founded?

City of Lexington was founded in 1828. It employs 101 to 250 people.

Where is City of Lexington based?

City of Lexington is headquartered in Lexington, United States, in the North America region.

How does City of Lexington make money?

Four revenue lines are on record. Utility Services Revenue is the primary driver. The others are property Taxes, fees and Permits and user Charges and Fees.

Who are City of Lexington's main competitors?

Others on record are North Carolina League of Municipalities and ElectriCities of North Carolina. Direct peers are City of Kannapolis, City of Thomasville, City of Salisbury, City of Asheboro and City of Shelby. Regional players are City of Concord and City of High Point. City of Winston-Salem is listed as a broad incumbent.

Does City of Lexington have an API?

No public API is recorded for City of Lexington.

What industry is City of Lexington in?

City of Lexington's product category is Municipal Government Services. Its primary akta.pro industry code is BPAIACAA, Mayor/City Manager & General Administration, with a secondary code of BPAIACAF, Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities). Its NAICS code is 921110 and its SIC code is 4941.