City government · Pinellas County, FL

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

In the latest recorded fiscal year (ended September 30, 2023), Largo took in $188 million and spent $198 million.

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

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Where it comes from

City taxes42%Fees for services (sewer, water)41%Fines and other6.0%State tax money5.1%Federal tax money2.8%County and local tax money2.8%

What stands out

16%

of Largo's money comes from taxes other than property, sales and income taxes.A typical U.S. city of 50,000+ people gets 7.2%.

City taxes42%

Property tax
19%$36.1 million
Other taxes
16%$29.7 million
What's in other taxesPublic utility taxes; occupation and business licenses and 4 more
  • Public utility taxes$14.3 million
  • Occupation and business licenses$8.3 million
  • Insurance premium taxes$3.4 million
  • Other licenses$2.4 million
  • Motor fuel taxes$1.1 million
  • Real estate and stock transfer taxes$105 thousand

Amounts are by Census tax category.

Sales tax
7.1%$13.3 million

Fees for services41%

Fees for services
41%$77.6 million
What's in fees for servicesSewer; other service charges and 5 more
  • Sewer$30.8 million
  • Other service charges$17.2 million
  • Water$15.5 million
  • Parks, land and natural resources$7.9 million
  • Parks and recreation$6.1 million
  • Other government-run businesses$27 thousand
  • Garbage collection$27 thousand

Amounts are by Census type of charge.

Federal tax money2.8%

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

From the federal government
2.8%$5.3 million

State tax money5.1%

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

From the state
5.1%$9.5 million

County and local tax money2.8%

Money passed on by the county or other local governments.

From the county and other local governments
2.8%$5.2 million

Fines and other6.0%

Interest, rents and other
5.6%$10.6 million
Fines
0.4%$676 thousand

Where it goes

Police, fire, courts and jails30%Running the government and other costs29%Water, sewer, trash and utilities18%Parks, recreation and libraries11%Environment and natural resources5.6%All other spending6.8%

What stands out

5.6%

of Largo's spending goes to the environment and natural resources.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Police, fire, courts and jails
30%$59.8 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$33.4 million
  • Fire protection$25.1 million
  • Inspections and regulation$797 thousand
  • Courts and legal services$466 thousand
Running the government and other costs
29%$58.2 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$32.5 million
  • Other and not broken out$23.2 million
  • Central staff services (personnel, purchasing, technology)$2.5 million
Water, sewer, trash and utilities
18%$34.8 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$20.6 million
  • Garbage and solid waste$14.2 million
Parks, recreation and libraries
11%$20.8 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$16.3 million
  • Libraries$4.5 million
Environment and natural resources
5.6%$11.0 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$11.0 million
Interest on debt
3.5%$6.9 million
Housing and community development
2.0%$4.1 million
Roads, transit and parking
1.2%$2.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.4 million
Sources and moreWhere these numbers come from and what they cover

City of Largo. 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 Largo 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.