City government · Kenai Peninsula Borough, AK

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

In the latest recorded fiscal year (ended December 31, 2023), Seward took in $68.4 million and spent $53.3 million.

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

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Where it comes from

Fees for services (hospital bills, electric power)71%City taxes16%Fines and other12%Federal tax money1.9%State tax money0.2%

What stands out

13%

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

City taxes16%

Sales tax
13%$8.7 million
Property tax
2.5%$1.7 million
Other taxes
0.3%$219 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$219 thousand

Amounts are by Census tax category.

Fees for services71%

Fees for services
71%$48.2 million
What's in fees for servicesHospital bills; electric power and 4 more
  • Hospital bills$29.8 million
  • Electric power$13.8 million
  • Water$1.7 million
  • Parks and recreation$1.4 million
  • Sewer$1.2 million
  • Parking$332 thousand

Amounts are by Census type of charge.

Federal tax money1.9%

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

From the federal government
1.9%$1.3 million

State tax money0.2%

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

From the state
0.2%$111 thousand

Fines and other12%

Interest, rents and other
12%$8.1 million

Where it goes

Health and hospitals49%Water, sewer, trash and utilities25%Running the government and other costs8.4%Police, fire, courts and jails8.2%Parks, recreation and libraries4.7%All other spending5.3%

What stands out

49%

of Seward'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%

Health and hospitals
49%$25.9 million
What's in health and hospitalsHospitals
  • Hospitals$25.9 million
Water, sewer, trash and utilities
25%$13.2 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$11.1 million
  • Water supply$1.1 million
  • Sewer systems$1.0 million
Running the government and other costs
8.4%$4.5 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 2 more
  • Central staff services (personnel, purchasing, technology)$1.7 million
  • Other and not broken out$1.3 million
  • Finance, tax collection and budgeting$1.2 million
  • Government buildings$366 thousand
Police, fire, courts and jails
8.2%$4.4 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$2.7 million
  • Fire protection$987 thousand
  • Prisons and jails$688 thousand
Parks, recreation and libraries
4.7%$2.5 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.7 million
  • Libraries$758 thousand
Roads, transit and parking
2.4%$1.3 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$1.1 million
  • Parking$116 thousand
Housing and community development
1.8%$940 thousand
Interest on debt
1.2%$640 thousand
What's in interest on debtInterest on electric power debt; interest on general debt and 1 more
  • Interest on electric power debt$587 thousand
  • Interest on general debt$29 thousand
  • Interest on water supply debt$24 thousand
Sources and moreWhere these numbers come from and what they cover

City of Seward. 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 Seward 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.