Village government · Arapahoe County, CO

Cherry Hills's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Cherry Hills took in $43.1 million and spent $26.1 million.

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

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Where it comes from

Village taxes55%Fines and other30%Fees for services (garbage collection, sewer)12%State tax money2.9%County and local tax money0.6%

What stands out

17%

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

Village taxes55%

Property tax
27%$11.8 million
Sales tax
17%$7.5 million
Other taxes
10%$4.4 million
What's in other taxesOther licenses; other selective sales taxes and 1 more
  • Other licenses$2.0 million
  • Other selective sales taxes$1.7 million
  • Occupation and business licenses$716 thousand

Amounts are by Census tax category.

Fees for services12%

Fees for services
12%$5.1 million
What's in fees for servicesOther service charges; garbage collection and 2 more
  • Other service charges$3.6 million
  • Garbage collection$1.4 million
  • Sewer$68 thousand
  • Water$52 thousand

Amounts are by Census type of charge.

State tax money2.9%

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

From the state
2.9%$1.3 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$238 thousand

Fines and other30%

Interest, rents and other
29%$12.7 million
Fines
0.3%$143 thousand

Where it goes

Running the government and other costs61%Police, fire, courts and jails16%Water, sewer, trash and utilities9.6%Parks, recreation and libraries7.6%Interest on debt3.2%All other spending2.4%

What stands out

61%

of Cherry Hills' spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
61%$15.9 million
What's in running the government and other costsOther and not broken out
  • Other and not broken out$15.9 million
Police, fire, courts and jails
16%$4.2 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$4.1 million
  • Courts and legal services$111 thousand
Water, sewer, trash and utilities
9.6%$2.5 million
What's in water, sewer, trash and utilitiesGarbage and solid waste and water supply
  • Garbage and solid waste$2.5 million
  • Water supply$43 thousand
Parks, recreation and libraries
7.6%$2.0 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.0 million
Interest on debt
3.2%$833 thousand
Housing and community development
2.1%$555 thousand
Environment and natural resources
0.2%$63 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$63 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Cherry Hills. 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 Village of Cherry Hills 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.