City government · Fremont County, CO

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

In the latest recorded fiscal year (ended December 31, 2023), Canon took in $37.2 million and spent $32.6 million.

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

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Where it comes from

City taxes50%Fees for services (water, parks and recreation)38%Fines and other6.4%State tax money6.0%

What stands out

43%

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

City taxes50%

Sales tax
43%$15.9 million
Other taxes
5.4%$2.0 million
What's in other taxesOther taxes not classified elsewhere; other licenses and 1 more
  • Other taxes not classified elsewhere$1.2 million
  • Other licenses$429 thousand
  • Occupation and business licenses$355 thousand

Amounts are by Census tax category.

Property tax
1.6%$595 thousand

Fees for services38%

Fees for services
38%$14.1 million
What's in fees for servicesWater; parks and recreation and 3 more
  • Water$8.3 million
  • Parks and recreation$3.3 million
  • Sewer$2.4 million
  • Other service charges$128 thousand
  • Other government-run businesses$16 thousand

Amounts are by Census type of charge.

State tax money6.0%

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

From the state
6.0%$2.2 million

Fines and other6.4%

Interest, rents and other
6.0%$2.2 million
Fines
0.4%$145 thousand

Where it goes

Water, sewer, trash and utilities26%Running the government and other costs22%Police, fire, courts and jails21%Roads, transit and parking18%Parks, recreation and libraries9.6%All other spending2.5%

What stands out

18%

of Canon'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%

Water, sewer, trash and utilities
26%$8.5 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$7.4 million
  • Sewer systems$1.2 million
Running the government and other costs
22%$7.2 million
What's in running the government and other costsOther and not broken out
  • Other and not broken out$7.2 million
Police, fire, courts and jails
21%$7.0 million
What's in police, fire, courts and jailsPolice
  • Police$7.0 million
Roads, transit and parking
18%$5.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5.9 million
Parks, recreation and libraries
9.6%$3.1 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$3.1 million
  • Libraries$21 thousand
Interest on debt
2.0%$662 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$447 thousand
  • Interest on water supply debt$215 thousand
Environment and natural resources
0.5%$156 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$156 thousand
Sources and moreWhere these numbers come from and what they cover

City of Canon. 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 City of Canon 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.