City government · Kenai Peninsula Borough, AK

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

In the latest recorded fiscal year (ended June 30, 2024), Soldotna took in $18.7 million and spent $21.8 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

City taxes56%Fees for services (sewer, parks and recreation)18%Fines and other14%State tax money11%Federal tax money0.8%

What stands out

54%

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

City taxes56%

Sales tax
54%$10.1 million
Property tax
1.9%$355 thousand

Fees for services18%

Fees for services
18%$3.5 million
What's in fees for servicesSewer; parks and recreation and 2 more
  • Sewer$1.8 million
  • Parks and recreation$909 thousand
  • Water$780 thousand
  • Airport$3 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$148 thousand

State tax money11%

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

From the state
11%$2.0 million

Fines and other14%

Interest, rents and other
14%$2.6 million
Fines
0.3%$63 thousand

Where it goes

Parks, recreation and libraries37%Running the government and other costs22%Water, sewer, trash and utilities15%Police, fire, courts and jails14%Roads, transit and parking7.3%All other spending4.6%

What stands out

37%

of Soldotna's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Parks, recreation and libraries
37%$8.0 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$7.0 million
  • Libraries$931 thousand
Running the government and other costs
22%$4.9 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$2.9 million
  • Central staff services (personnel, purchasing, technology)$1.1 million
  • Finance, tax collection and budgeting$589 thousand
  • Government buildings$267 thousand
Water, sewer, trash and utilities
15%$3.3 million
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$2.6 million
  • Water supply$691 thousand
Police, fire, courts and jails
14%$3.1 million
What's in police, fire, courts and jailsPolice
  • Police$3.1 million
Roads, transit and parking
7.3%$1.6 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$1.3 million
  • Airports$287 thousand
Interest on debt
2.4%$520 thousand
Sent to other local governments
2.2%$484 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$484 thousand
Sources and moreWhere these numbers come from and what they cover

City of Soldotna. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Soldotna 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.