City government · Routt County, CO

Steamboat Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Steamboat Springs took in $115 million and spent $80.5 million.

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

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Where it comes from

City taxes67%Fines and other13%State tax money13%Fees for services (parks and recreation, airport)7.7%

What stands out

41%

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

City taxes67%

Sales tax
41%$47.4 million
Other taxes
21%$24.6 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 2 more
  • Other selective sales taxes$22.2 million
  • Occupation and business licenses$2.0 million
  • Other taxes not classified elsewhere$243 thousand
  • Other licenses$118 thousand

Amounts are by Census tax category.

Property tax
4.2%$4.8 million

Fees for services7.7%

Fees for services
7.7%$8.9 million
What's in fees for servicesOther service charges; parks and recreation and 2 more
  • Other service charges$4.9 million
  • Parks and recreation$2.8 million
  • Airport$1.2 million
  • Housing$22 thousand

Amounts are by Census type of charge.

State tax money13%

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

From the state
13%$14.5 million

Fines and other13%

Interest, rents and other
13%$14.5 million
Fines
0.3%$306 thousand

Where it goes

Running the government and other costs52%Police, fire, courts and jails17%Roads, transit and parking15%Parks, recreation and libraries15%Interest on debt0.8%Housing and community development<0.1%

What stands out

52%

of Steamboat Springs' spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
52%$41.6 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$39.9 million
  • Central staff services (personnel, purchasing, technology)$1.5 million
  • Finance, tax collection and budgeting$175 thousand
Police, fire, courts and jails
17%$13.6 million
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$12.8 million
  • Courts and legal services$796 thousand
  • Fire protection$32 thousand
Roads, transit and parking
15%$12.5 million
What's in roads, transit and parkingPublic transit; roads and highways and 1 more
  • Public transit$5.4 million
  • Roads and highways$5.1 million
  • Airports$1.9 million
Parks, recreation and libraries
15%$12.1 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$12.1 million
Interest on debt
0.8%$613 thousand
Housing and community development
<0.1%$50 thousand
Sources and moreWhere these numbers come from and what they cover

City of Steamboat Springs. 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 Steamboat Springs 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.