City government · Levy County, FL

Cedar Key's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2023), Cedar Key took in $3.5 million and spent $2.4 million.

Latest recorded year: ended September 30, 2023Comes fromGoes to

See every government that serves your ZIP

Where it comes from

City taxes61%Fees for services (garbage collection, parks, land and natural resources)17%Federal tax money16%Fines and other3.0%State tax money2.8%

What stands out

16%

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

City taxes61%

Property tax
54%$1.9 million
Other taxes
7.7%$267 thousand
What's in other taxesPublic utility taxes; occupation and business licenses and 2 more
  • Public utility taxes$130 thousand
  • Occupation and business licenses$67 thousand
  • Other licenses$60 thousand
  • Motor fuel taxes$10 thousand

Amounts are by Census tax category.

Fees for services17%

Fees for services
17%$579 thousand
What's in fees for servicesGarbage collection; parks, land and natural resources and 2 more
  • Garbage collection$266 thousand
  • Parks, land and natural resources$161 thousand
  • Other service charges$140 thousand
  • Other government-run businesses$12 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$561 thousand

State tax money2.8%

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

From the state
2.8%$99 thousand

Fines and other3.0%

Interest, rents and other
2.2%$77 thousand
Fines
0.8%$27 thousand

Where it goes

Police, fire, courts and jails36%Water, sewer, trash and utilities30%Running the government and other costs16%Parks, recreation and libraries10%Interest on debt4.7%All other spending3.2%

What stands out

36%

of Cedar Key's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
36%$851 thousand
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$407 thousand
  • Fire protection$219 thousand
  • Inspections and regulation$165 thousand
  • Courts and legal services$60 thousand
Water, sewer, trash and utilities
30%$724 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$724 thousand
Running the government and other costs
16%$375 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$270 thousand
  • Finance, tax collection and budgeting$82 thousand
  • Other and not broken out$23 thousand
Parks, recreation and libraries
10%$238 thousand
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$221 thousand
  • Libraries$17 thousand
Interest on debt
4.7%$111 thousand
Roads, transit and parking
2.7%$64 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$64 thousand
Environment and natural resources
0.5%$12 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cedar Key. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.

What this covers. The money of City of Cedar Key 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.