City government · Arapahoe County, CO

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

In the latest recorded fiscal year (ended December 31, 2023), Sheridan took in $34.0 million and spent $33.6 million.

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

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Where it comes from

City taxes67%Fines and other19%County and local tax money9.8%State tax money4.1%Fees for services (water)0.4%

What stands out

45%

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

City taxes67%

Sales tax
45%$15.3 million
Property tax
19%$6.5 million
Other taxes
2.3%$796 thousand
What's in other taxesPublic utility taxes; occupation and business licenses and 3 more
  • Public utility taxes$480 thousand
  • Occupation and business licenses$222 thousand
  • Amusement taxes$48 thousand
  • Other licenses$30 thousand
  • Alcoholic beverage licenses$16 thousand

Amounts are by Census tax category.

Fees for services0.4%

Fees for services
0.4%$133 thousand
What's in fees for servicesWater
  • Water$133 thousand

Amounts are by Census type of charge.

State tax money4.1%

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

From the state
4.1%$1.4 million

County and local tax money9.8%

Money passed on by the county or other local governments.

From the county and other local governments
9.8%$3.3 million

Fines and other19%

Interest, rents and other
16%$5.5 million
Fines
2.8%$945 thousand

Where it goes

Housing and community development30%Police, fire, courts and jails25%Interest on debt18%Running the government and other costs12%Sent to other local governments8.4%All other spending6.4%

What stands out

30%

of Sheridan'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
30%$10.1 million
Police, fire, courts and jails
25%$8.5 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$5.7 million
  • Fire protection$2.4 million
  • Courts and legal services$429 thousand
Interest on debt
18%$6.2 million
Running the government and other costs
12%$3.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); government buildings and 1 more
  • Central staff services (personnel, purchasing, technology)$3.3 million
  • Government buildings$471 thousand
  • Finance, tax collection and budgeting$158 thousand
Sent to other local governments
8.4%$2.8 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$2.8 million
Parks, recreation and libraries
3.5%$1.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.2 million
Water, sewer, trash and utilities
2.6%$868 thousand
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$868 thousand
Roads, transit and parking
0.2%$67 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$67 thousand
Health and hospitals
<0.1%$26 thousand
What's in health and hospitalsPublic health
  • Public health$26 thousand
Sources and moreWhere these numbers come from and what they cover

City of Sheridan. 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 Sheridan 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.