City government · Clear Creek County, CO

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

In the latest recorded fiscal year (ended December 31, 2021), Georgetown took in $5.1 million and spent $3.3 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes51%Fees for services (water, sewer)38%State tax money7.1%County and local tax money2.4%Fines and other1.6%

What stands out

41%

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

City taxes51%

Sales tax
41%$2.1 million
Other taxes
5.0%$257 thousand
What's in other taxesOther licenses and other taxes not classified elsewhere
  • Other licenses$167 thousand
  • Other taxes not classified elsewhere$90 thousand

Amounts are by Census tax category.

Property tax
4.7%$241 thousand

Fees for services38%

Fees for services
38%$2.0 million
What's in fees for servicesWater; sewer and 1 more
  • Water$1.1 million
  • Sewer$810 thousand
  • Other service charges$46 thousand

Amounts are by Census type of charge.

State tax money7.1%

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

From the state
7.1%$363 thousand

County and local tax money2.4%

Money passed on by the county or other local governments.

From the county and other local governments
2.4%$121 thousand

Fines and other1.6%

Interest, rents and other
0.9%$44 thousand
Fines
0.7%$37 thousand

Where it goes

Running the government and other costs44%Water, sewer, trash and utilities28%Police, fire, courts and jails15%Parks, recreation and libraries7.4%Interest on debt5.3%

What stands out

44%

of Georgetown's 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
44%$1.5 million
What's in running the government and other costsOther and not broken out
  • Other and not broken out$1.5 million
Water, sewer, trash and utilities
28%$936 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$547 thousand
  • Water supply$389 thousand
Police, fire, courts and jails
15%$493 thousand
What's in police, fire, courts and jailsPolice
  • Police$493 thousand
Parks, recreation and libraries
7.4%$246 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$246 thousand
Interest on debt
5.3%$174 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$110 thousand
  • Interest on general debt$64 thousand
Sources and moreWhere these numbers come from and what they cover

City of Georgetown. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Georgetown 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.