City government · Larimer County, CO

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

In the latest recorded fiscal year (ended December 31, 2023), Loveland took in $415 million and spent $404 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, water)40%City taxes30%Fines and other15%County and local tax money12%Federal tax money1.4%State tax money1.0%

What stands out

12%

of Loveland's money comes from county and other local tax money.A typical U.S. city of 50,000+ people gets 0.9%.

City taxes30%

Sales tax
19%$77.8 million
Property tax
7.8%$32.2 million
Other taxes
3.8%$15.8 million
What's in other taxesOccupation and business licenses; other selective sales taxes and 4 more
  • Occupation and business licenses$7.5 million
  • Other selective sales taxes$7.5 million
  • Other licenses$434 thousand
  • Amusement licenses$193 thousand
  • Alcoholic beverage taxes$86 thousand
  • Alcoholic beverage licenses$57 thousand

Amounts are by Census tax category.

Fees for services40%

Fees for services
40%$167 million
What's in fees for servicesElectric power; water and 8 more
  • Electric power$81.6 million
  • Water$36.5 million
  • Sewer$17.5 million
  • Garbage collection$10.3 million
  • Parks and recreation$9.3 million
  • Other government-run businesses$4.9 million
  • Road charges$4.0 million
  • Airport$1.6 million
  • Other service charges$1.3 million
  • Transit fares$94 thousand

Amounts are by Census type of charge.

Federal tax money1.4%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.4%$5.8 million

State tax money1.0%

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

From the state
1.0%$4.0 million

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$51.5 million

Fines and other15%

Interest, rents and other
14%$59.7 million
Fines
0.3%$1.1 million

Where it goes

Water, sewer, trash and utilities31%Running the government and other costs26%Police, fire, courts and jails15%Parks, recreation and libraries7.3%Roads, transit and parking7.3%All other spending13%

What stands out

4.8%

of Loveland's spending goes to local governments.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
31%$125 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$70.0 million
  • Water supply$31.5 million
  • Sewer systems$14.4 million
  • Garbage and solid waste$9.5 million
Running the government and other costs
26%$106 million
What's in running the government and other costsOther and not broken out; other government-run businesses and 3 more
  • Other and not broken out$51.0 million
  • Other government-run businesses$30.0 million
  • Government buildings$17.2 million
  • Central staff services (personnel, purchasing, technology)$4.6 million
  • Finance, tax collection and budgeting$3.7 million
Police, fire, courts and jails
15%$61.4 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$29.4 million
  • Police$28.3 million
  • Courts and legal services$2.4 million
  • Inspections and regulation$1.3 million
Parks, recreation and libraries
7.3%$29.6 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$26.1 million
  • Libraries$3.5 million
Roads, transit and parking
7.3%$29.4 million
What's in roads, transit and parkingRoads and highways; public transit and 2 more
  • Roads and highways$22.2 million
  • Public transit$4.2 million
  • Airports$2.7 million
  • Parking$312 thousand
Housing and community development
5.8%$23.5 million
Sent to other local governments
4.8%$19.5 million
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$19.5 million
Interest on debt
1.9%$7.6 million
What's in interest on debtInterest on water supply debt; interest on general debt and 1 more
  • Interest on water supply debt$4.8 million
  • Interest on general debt$2.7 million
  • Interest on public transit debt$10 thousand
Environment and natural resources
0.1%$415 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$415 thousand
Health and hospitals
<0.1%$251 thousand
What's in health and hospitalsPublic health
  • Public health$251 thousand
Sources and moreWhere these numbers come from and what they cover

City of Loveland. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Loveland 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.