Town government · Summit County, CO

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

In the latest recorded fiscal year (ended December 31, 2023), Frisco took in $30.2 million and spent $34.5 million.

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

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Where it comes from

Town taxes57%Fees for services (parks and recreation, water)22%State tax money17%Fines and other2.6%County and local tax money1.0%

What stands out

45%

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

Town taxes57%

Sales tax
45%$13.7 million
Other taxes
11%$3.4 million
What's in other taxesOther taxes not classified elsewhere; alcoholic beverage taxes and 5 more
  • Other taxes not classified elsewhere$2.4 million
  • Alcoholic beverage taxes$308 thousand
  • Other selective sales taxes$259 thousand
  • Other licenses$242 thousand
  • Occupation and business licenses$137 thousand
  • Alcoholic beverage licenses$15 thousand
  • Motor vehicle licenses$13 thousand

Amounts are by Census tax category.

Property tax
0.7%$207 thousand

Fees for services22%

Fees for services
22%$6.5 million
What's in fees for servicesParks and recreation; water and 4 more
  • Parks and recreation$3.7 million
  • Water$1.4 million
  • Other service charges$616 thousand
  • Other government-run businesses$392 thousand
  • Housing$321 thousand
  • Parking$149 thousand

Amounts are by Census type of charge.

State tax money17%

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

From the state
17%$5.3 million

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$309 thousand

Fines and other2.6%

Interest, rents and other
2.4%$735 thousand
Fines
0.2%$48 thousand

Where it goes

Housing and community development52%Running the government and other costs16%Parks, recreation and libraries16%Police, fire, courts and jails7.0%Water, sewer, trash and utilities5.1%All other spending4.1%

What stands out

52%

of Frisco'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%

Housing and community development
52%$17.8 million
Running the government and other costs
16%$5.6 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$3.3 million
  • Central staff services (personnel, purchasing, technology)$897 thousand
  • Finance, tax collection and budgeting$833 thousand
  • Government buildings$558 thousand
Parks, recreation and libraries
16%$5.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5.5 million
Police, fire, courts and jails
7.0%$2.4 million
What's in police, fire, courts and jailsPolice
  • Police$2.4 million
Water, sewer, trash and utilities
5.1%$1.8 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$1.8 million
Roads, transit and parking
3.2%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Interest on debt
0.8%$291 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Frisco. 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 Frisco 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.