City government · Monroe County, FL

Key Colony Beach's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Key Colony Beach took in $5.8 million and spent $5.1 million.

Latest recorded year: ended September 30, 2021Comes fromGoes to

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Where it comes from

City taxes49%Fees for services (sewer, parks, land and natural resources)26%Federal tax money14%State tax money9.2%Fines and other1.6%County and local tax money0.8%

What stands out

14%

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

City taxes49%

Property tax
38%$2.2 million
Other taxes
10%$603 thousand
What's in other taxesOther licenses; motor fuel taxes and 1 more
  • Other licenses$442 thousand
  • Motor fuel taxes$100 thousand
  • Public utility taxes$61 thousand

Amounts are by Census tax category.

Fees for services26%

Fees for services
26%$1.5 million
What's in fees for servicesSewer; parks, land and natural resources and 2 more
  • Sewer$1.3 million
  • Parks, land and natural resources$99 thousand
  • Other service charges$71 thousand
  • Parks and recreation$36 thousand

Amounts are by Census type of charge.

Federal tax money14%

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

From the federal government
14%$817 thousand

State tax money9.2%

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

From the state
9.2%$532 thousand

County and local tax money0.8%

Money passed on by the county or other local governments.

From the county and other local governments
0.8%$48 thousand

Fines and other1.6%

Interest, rents and other
1.4%$79 thousand
Fines
0.2%$11 thousand

Where it goes

Police, fire, courts and jails32%Water, sewer, trash and utilities26%Running the government and other costs22%Environment and natural resources8.7%Parks, recreation and libraries4.6%All other spending6.2%

What stands out

8.7%

of Key Colony Beach's spending goes to the environment and natural resources.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
32%$1.6 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$654 thousand
  • Fire protection$575 thousand
  • Inspections and regulation$312 thousand
  • Courts and legal services$106 thousand
Water, sewer, trash and utilities
26%$1.4 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$1.4 million
Running the government and other costs
22%$1.1 million
What's in running the government and other costsFinance, tax collection and budgeting; other and not broken out and 1 more
  • Finance, tax collection and budgeting$594 thousand
  • Other and not broken out$388 thousand
  • Central staff services (personnel, purchasing, technology)$132 thousand
Environment and natural resources
8.7%$443 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$443 thousand
Parks, recreation and libraries
4.6%$234 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$234 thousand
Interest on debt
4.3%$222 thousand
Roads, transit and parking
1.9%$96 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$96 thousand
Sources and moreWhere these numbers come from and what they cover

City of Key Colony Beach. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended September 30, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Key Colony Beach 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.