A lattice Boltzmann model for incompressible axisymmetric flow is proposed in this paper. Unlike previous axisymmetric lattice Boltzmann models, which were based on "primitive-variables" Navier-Stokes equations, the target macroscopic equations of the present model are vorticity-stream-function formulations. Due to the intrinsic features of vorticity-stream-function formulations, the present model is more efficient, more stable, and much simpler than the existing models. The advantages of the present model are validated by numerical experiments.