City government · Los Angeles County, CA

Monterey Park's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Monterey Park took in $98.3 million and spent $111 million.

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

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Where it comes from

City taxes54%Fees for services (water, garbage collection)35%State tax money5.8%Federal tax money3.9%County and local tax money0.8%Fines and other0.5%

What stands out

0%

of Monterey Park's money comes from interest, rents and other revenue.A typical U.S. city of 50,000+ people gets 6.9%.

City taxes54%

Property tax
30%$29.6 million
Sales tax
15%$14.4 million
Other taxes
9.0%$8.9 million
What's in other taxesPublic utility taxes; other selective sales taxes and 3 more
  • Public utility taxes$4.3 million
  • Other selective sales taxes$2.1 million
  • Other licenses$1.3 million
  • Occupation and business licenses$877 thousand
  • Real estate and stock transfer taxes$285 thousand

Amounts are by Census tax category.

Fees for services35%

Fees for services
35%$34.6 million
What's in fees for servicesWater; other service charges and 3 more
  • Water$14.2 million
  • Other service charges$10.0 million
  • Garbage collection$6.8 million
  • Sewer$3.3 million
  • Parks and recreation$333 thousand

Amounts are by Census type of charge.

Federal tax money3.9%

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

From the federal government
3.9%$3.8 million

State tax money5.8%

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

From the state
5.8%$5.7 million

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$815 thousand

Fines and other0.5%

Fines
0.4%$411 thousand
Interest, rents and other
<0.1%$46 thousand

Where it goes

Running the government and other costs31%Police, fire, courts and jails22%Water, sewer, trash and utilities18%Health and hospitals11%Roads, transit and parking9.3%All other spending8.7%

What stands out

11%

of Monterey Park's spending goes to health services and hospitals.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Running the government and other costs
31%$34.4 million
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$17.3 million
  • Central staff services (personnel, purchasing, technology)$17.1 million
Police, fire, courts and jails
22%$24.1 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$21.1 million
  • Fire protection$1.5 million
  • Inspections and regulation$1.5 million
Water, sewer, trash and utilities
18%$19.8 million
What's in water, sewer, trash and utilitiesWater supply; garbage and solid waste and 1 more
  • Water supply$11.1 million
  • Garbage and solid waste$6.6 million
  • Sewer systems$2.1 million
Health and hospitals
11%$12.6 million
What's in health and hospitalsPublic health
  • Public health$12.6 million
Roads, transit and parking
9.3%$10.3 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$9.1 million
  • Public transit$1.2 million
Interest on debt
5.2%$5.8 million
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$4.8 million
  • Interest on general debt$936 thousand
Parks, recreation and libraries
3.3%$3.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.0 million
  • Libraries$1.6 million
Housing and community development
0.2%$242 thousand
Sources and moreWhere these numbers come from and what they cover

City of Monterey Park. 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 Monterey Park 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.