City government · Boulder County, CO

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

In the latest recorded fiscal year (ended December 31, 2023), Louisville took in $55.4 million and spent $45.5 million.

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

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Where it comes from

City taxes77%Fines and other8.4%State tax money8.3%Fees for services (parks and recreation)6.3%County and local tax money0.5%

What stands out

51%

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

City taxes77%

Sales tax
51%$28.3 million
Property tax
14%$7.7 million
Other taxes
12%$6.4 million
What's in other taxesOther licenses; occupation and business licenses and 2 more
  • Other licenses$3.9 million
  • Occupation and business licenses$1.3 million
  • Other selective sales taxes$1.0 million
  • Other taxes not classified elsewhere$293 thousand

Amounts are by Census tax category.

Fees for services6.3%

Fees for services
6.3%$3.5 million
What's in fees for servicesParks and recreation; other service charges and 1 more
  • Parks and recreation$3.3 million
  • Other service charges$160 thousand
  • Other government-run businesses$38 thousand

Amounts are by Census type of charge.

State tax money8.3%

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

From the state
8.3%$4.6 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$285 thousand

Fines and other8.4%

Interest, rents and other
8.2%$4.5 million
Fines
0.2%$91 thousand

Where it goes

Running the government and other costs37%Parks, recreation and libraries31%Police, fire, courts and jails20%Roads, transit and parking8.6%Environment and natural resources2.1%All other spending2.4%

What stands out

31%

of Louisville's spending goes to parks, recreation and libraries.A typical U.S. city of 10,000 to 50,000 people spends 5.6%.

Spending by category100%

Running the government and other costs
37%$16.7 million
What's in running the government and other costsOther and not broken out and other government-run businesses
  • Other and not broken out$16.5 million
  • Other government-run businesses$194 thousand
Parks, recreation and libraries
31%$13.9 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$11.5 million
  • Libraries$2.4 million
Police, fire, courts and jails
20%$8.9 million
What's in police, fire, courts and jailsPolice and inspections and regulation
  • Police$6.9 million
  • Inspections and regulation$2.0 million
Roads, transit and parking
8.6%$3.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.9 million
Environment and natural resources
2.1%$938 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$938 thousand
Housing and community development
1.8%$810 thousand
Sent to other local governments
0.4%$184 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$184 thousand
Interest on debt
0.2%$84 thousand
Sources and moreWhere these numbers come from and what they cover

City of Louisville. 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 Louisville 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.