City government · Chugach Census Area Borough, AK

Cordova's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Cordova took in $54.7 million and spent $72.2 million.

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

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Where it comes from

Fees for services (ports and waterways, hospital bills)69%City taxes16%State tax money12%Federal tax money2.7%Fines and other0.6%

What stands out

8.3%

of Cordova's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes16%

Sales tax
8.3%$4.6 million
Property tax
5.5%$3.0 million
Other taxes
2.0%$1.1 million
What's in other taxesOther selective sales taxes; alcoholic beverage taxes and 4 more
  • Other selective sales taxes$793 thousand
  • Alcoholic beverage taxes$140 thousand
  • Tobacco taxes$70 thousand
  • Motor vehicle licenses$57 thousand
  • Occupation and business licenses$10 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Fees for services69%

Fees for services
69%$37.8 million
What's in fees for servicesPorts and waterways; hospital bills and 7 more
  • Ports and waterways$20.3 million
  • Hospital bills$14.5 million
  • Garbage collection$937 thousand
  • Sewer$848 thousand
  • Water$609 thousand
  • Other service charges$461 thousand
  • Parks and recreation$166 thousand
  • School lunches$14 thousand
  • Other government-run businesses$5 thousand

Amounts are by Census type of charge.

Federal tax money2.7%

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

From the federal government
2.7%$1.5 million

State tax money12%

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

From the state
12%$6.4 million

Fines and other0.6%

Interest, rents and other
0.6%$355 thousand

Where it goes

Roads, transit and parking54%Health and hospitals23%Schools and colleges11%Running the government and other costs3.8%Police, fire, courts and jails2.9%All other spending5.7%

What stands out

23%

of Cordova's spending goes to health services and hospitals.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Roads, transit and parking
54%$38.8 million
What's in roads, transit and parkingPorts and harbors and roads and highways
  • Ports and harbors$38.2 million
  • Roads and highways$611 thousand
Health and hospitals
23%$16.4 million
What's in health and hospitalsHospitals and public health
  • Hospitals$15.7 million
  • Public health$737 thousand
Schools and colleges
11%$8.0 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$8.0 million
Running the government and other costs
3.8%$2.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 2 more
  • Central staff services (personnel, purchasing, technology)$1.5 million
  • Government buildings$660 thousand
  • Finance, tax collection and budgeting$486 thousand
  • Other and not broken out$75 thousand
Police, fire, courts and jails
2.9%$2.1 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.2 million
  • Fire protection$460 thousand
  • Prisons and jails$375 thousand
Water, sewer, trash and utilities
2.7%$2.0 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$759 thousand
  • Water supply$616 thousand
  • Sewer systems$597 thousand
Parks, recreation and libraries
1.9%$1.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.1 million
  • Libraries$272 thousand
Interest on debt
1.1%$775 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$744 thousand
  • Interest on water supply debt$31 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cordova. 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 Cordova 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.