Town government · Summit County, CO

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

In the latest recorded fiscal year (ended December 31, 2023), Breckenridge took in $141 million and spent $134 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Town taxes56%County and local tax money18%Fees for services (water, parks and recreation)14%Fines and other7.9%Federal tax money3.2%State tax money1.1%

What stands out

34%

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

Town taxes56%

Sales tax
34%$47.7 million
Other taxes
22%$30.8 million
What's in other taxesOther selective sales taxes; real estate and stock transfer taxes and 2 more
  • Other selective sales taxes$22.7 million
  • Real estate and stock transfer taxes$6.2 million
  • Occupation and business licenses$1.9 million
  • Alcoholic beverage licenses$29 thousand

Amounts are by Census tax category.

Fees for services14%

Fees for services
14%$20.3 million
What's in fees for servicesOther service charges; water and 4 more
  • Other service charges$7.5 million
  • Water$7.0 million
  • Parks and recreation$5.4 million
  • Housing$208 thousand
  • Garbage collection$118 thousand
  • Other government-run businesses$24 thousand

Amounts are by Census type of charge.

Federal tax money3.2%

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

From the federal government
3.2%$4.5 million

State tax money1.1%

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

From the state
1.1%$1.6 million

County and local tax money18%

Money passed on by the county or other local governments.

From the county and other local governments
18%$25.1 million

Fines and other7.9%

Interest, rents and other
7.9%$11.1 million
Fines
<0.1%$64 thousand

Where it goes

Running the government and other costs31%Housing and community development26%Roads, transit and parking14%Parks, recreation and libraries11%Interest on debt5.2%All other spending13%

What stands out

26%

of Breckenridge's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
31%$41.6 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$36.4 million
  • Central staff services (personnel, purchasing, technology)$3.6 million
  • Finance, tax collection and budgeting$1.4 million
  • Government buildings$158 thousand
Housing and community development
26%$34.4 million
Roads, transit and parking
14%$18.2 million
What's in roads, transit and parkingPublic transit; roads and highways and 1 more
  • Public transit$7.5 million
  • Roads and highways$6.4 million
  • Parking$4.3 million
Parks, recreation and libraries
11%$15.4 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$15.4 million
Interest on debt
5.2%$6.9 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$4.8 million
  • Interest on water supply debt$2.2 million
Police, fire, courts and jails
4.7%$6.3 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$6.0 million
  • Courts and legal services$332 thousand
Water, sewer, trash and utilities
4.3%$5.8 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$3.2 million
  • Garbage and solid waste$2.5 million
Environment and natural resources
3.9%$5.2 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$5.2 million
Sent to other local governments
0.1%$195 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$195 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Breckenridge. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Town of Breckenridge 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.