City government · Los Angeles County, CA

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

In the latest recorded fiscal year (ended June 30, 2022), Cerritos took in $122 million and spent $101 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

City taxes57%Fines and other18%Fees for services (water, electric power)17%Federal tax money5.5%State tax money2.4%County and local tax money0.1%

What stands out

40%

of Cerritos' money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes57%

Sales tax
40%$49.5 million
Property tax
11%$13.3 million
Other taxes
5.7%$6.9 million
What's in other taxesPublic utility taxes; other selective sales taxes and 4 more
  • Public utility taxes$3.0 million
  • Other selective sales taxes$1.2 million
  • Occupation and business licenses$1.2 million
  • Other taxes not classified elsewhere$789 thousand
  • Real estate and stock transfer taxes$409 thousand
  • Other licenses$295 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$21.1 million
What's in fees for servicesWater; electric power and 4 more
  • Water$11.7 million
  • Electric power$5.5 million
  • Other service charges$1.6 million
  • Sewer$1.3 million
  • Parks and recreation$1.0 million
  • Transit fares$23 thousand

Amounts are by Census type of charge.

Federal tax money5.5%

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

From the federal government
5.5%$6.7 million

State tax money2.4%

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

From the state
2.4%$2.9 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$161 thousand

Fines and other18%

Interest, rents and other
18%$21.5 million
Fines
0.2%$211 thousand

Where it goes

Running the government and other costs23%Water, sewer, trash and utilities21%Police, fire, courts and jails18%Parks, recreation and libraries13%Roads, transit and parking13%All other spending12%

What stands out

11%

of Cerritos' spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
23%$23.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$22.2 million
  • Other and not broken out$757 thousand
Water, sewer, trash and utilities
21%$21.7 million
What's in water, sewer, trash and utilitiesWater supply; electric power and 2 more
  • Water supply$11.2 million
  • Electric power$5.9 million
  • Garbage and solid waste$2.4 million
  • Sewer systems$2.1 million
Police, fire, courts and jails
18%$18.2 million
What's in police, fire, courts and jailsPolice and inspections and regulation
  • Police$17.6 million
  • Inspections and regulation$549 thousand
Parks, recreation and libraries
13%$13.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$8.3 million
  • Libraries$5.0 million
Roads, transit and parking
13%$13.1 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$11.5 million
  • Public transit$1.6 million
Housing and community development
11%$11.0 million
Interest on debt
1.0%$1.0 million
What's in interest on debtInterest on electric power debt; interest on general debt and 1 more
  • Interest on electric power debt$478 thousand
  • Interest on general debt$271 thousand
  • Interest on water supply debt$254 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cerritos. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Cerritos 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.