City government · Ventura County, CA

Thousand Oaks's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Thousand Oaks took in $242 million and spent $267 million.

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

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Where it comes from

City taxes46%Fees for services (water, sewer)34%Fines and other11%State tax money5.8%Federal tax money2.1%County and local tax money0.7%

What stands out

17%

of Thousand Oaks' money comes from sales tax.A typical U.S. city of 50,000+ people gets 7.8%.

City taxes46%

Property tax
19%$45.5 million
Sales tax
17%$41.1 million
Other taxes
10%$24.2 million
What's in other taxesPublic utility taxes; other licenses and 4 more
  • Public utility taxes$7.9 million
  • Other licenses$7.1 million
  • Other selective sales taxes$4.9 million
  • Occupation and business licenses$2.4 million
  • Real estate and stock transfer taxes$1.1 million
  • Other taxes not classified elsewhere$810 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$83.5 million
What's in fees for servicesWater; sewer and 4 more
  • Water$27.5 million
  • Sewer$22.6 million
  • Other service charges$20.5 million
  • Parks and recreation$9.6 million
  • Garbage collection$2.9 million
  • Transit fares$459 thousand

Amounts are by Census type of charge.

Federal tax money2.1%

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

From the federal government
2.1%$5.0 million

State tax money5.8%

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

From the state
5.8%$14.0 million

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$1.7 million

Fines and other11%

Interest, rents and other
11%$26.3 million
Fines
0.4%$985 thousand

Where it goes

Running the government and other costs23%Water, sewer, trash and utilities18%Roads, transit and parking17%Police, fire, courts and jails16%Sent to other local governments13%All other spending14%

What stands out

13%

of Thousand Oaks' spending goes to local governments.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Running the government and other costs
23%$62.2 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)$32.6 million
  • Other and not broken out$23.6 million
  • Finance, tax collection and budgeting$5.4 million
  • Government buildings$606 thousand
Water, sewer, trash and utilities
18%$47.1 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$24.8 million
  • Sewer systems$20.8 million
  • Garbage and solid waste$1.6 million
Roads, transit and parking
17%$44.8 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$41.3 million
  • Public transit$3.5 million
Police, fire, courts and jails
16%$42.0 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 1 more
  • Police$33.0 million
  • Inspections and regulation$5.7 million
  • Courts and legal services$3.3 million
Sent to other local governments
13%$34.8 million
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$34.5 million
  • Sent to the state government$273 thousand
Parks, recreation and libraries
11%$29.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$17.8 million
  • Libraries$11.5 million
Housing and community development
2.0%$5.3 million
Interest on debt
0.5%$1.2 million
Health and hospitals
0.2%$473 thousand
What's in health and hospitalsPublic health
  • Public health$473 thousand
Sources and moreWhere these numbers come from and what they cover

City of Thousand Oaks. 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 Thousand Oaks 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.