City government · Monterey County, CA

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

In the latest recorded fiscal year (ended June 30, 2022), King took in $21.8 million and spent $18.1 million.

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

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Where it comes from

City taxes50%Fees for services (sewer, electric power)28%Federal tax money12%State tax money9.6%Fines and other0.6%

What stands out

30%

of King's money comes from taxes other than property, sales and income taxes.A typical U.S. city of 10,000 to 50,000 people gets 6.1%.

City taxes50%

Other taxes
30%$6.6 million
What's in other taxesOther taxes not classified elsewhere; public utility taxes and 4 more
  • Other taxes not classified elsewhere$3.7 million
  • Public utility taxes$1.2 million
  • Other licenses$1.1 million
  • Other selective sales taxes$547 thousand
  • Occupation and business licenses$104 thousand
  • Real estate and stock transfer taxes$43 thousand

Amounts are by Census tax category.

Property tax
10%$2.2 million
Sales tax
9.6%$2.1 million

Fees for services28%

Fees for services
28%$6.0 million
What's in fees for servicesSewer; electric power and 3 more
  • Sewer$3.2 million
  • Electric power$2.2 million
  • Other service charges$368 thousand
  • Airport$154 thousand
  • Parks and recreation$80 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$2.6 million

State tax money9.6%

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

From the state
9.6%$2.1 million

Fines and other0.6%

Interest, rents and other
0.6%$121 thousand
Fines
<0.1%$18 thousand

Where it goes

Police, fire, courts and jails41%Roads, transit and parking24%Water, sewer, trash and utilities20%Running the government and other costs8.9%Parks, recreation and libraries3.0%All other spending2.3%

What stands out

24%

of King's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Police, fire, courts and jails
41%$7.5 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
  • Police$5.7 million
  • Inspections and regulation$1.5 million
  • Fire protection$300 thousand
Roads, transit and parking
24%$4.4 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$4.3 million
  • Airports$59 thousand
Water, sewer, trash and utilities
20%$3.7 million
What's in water, sewer, trash and utilitiesElectric power and sewer systems
  • Electric power$2.4 million
  • Sewer systems$1.3 million
Running the government and other costs
8.9%$1.6 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$1.6 million
Parks, recreation and libraries
3.0%$544 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$544 thousand
Interest on debt
1.4%$252 thousand
What's in interest on debtInterest on general debt and interest on electric power debt
  • Interest on general debt$242 thousand
  • Interest on electric power debt$10 thousand
Housing and community development
0.9%$168 thousand
Sources and moreWhere these numbers come from and what they cover

City of King. 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 King 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.