City government · Putnam County, FL

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

In the latest recorded fiscal year (ended September 30, 2021), Palatka took in $27.3 million and spent $18.6 million.

Latest recorded year: ended September 30, 2021Comes from Goes to

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Where it comes from

Fees for services (parks and recreation)38%City taxes28%Federal tax money18%Fines and other11%State tax money2.5%County and local tax money1.5%

What stands out

18%

of Palatka's money comes from federal tax money.A typical U.S. city of 10,000 to 50,000 people gets 1.2%.

City taxes28%

Other taxes

16%$4.2 million

What's in other taxesMotor fuel taxes; public utility taxes and 2 more

Motor fuel taxes$1.7 million
Public utility taxes$1.6 million
Occupation and business licenses$917 thousand
Other licenses$47 thousand

Amounts are by Census tax category.

Property tax

12%$3.3 million

Fees for services38%

Fees for services

38%$10.5 million

What's in fees for servicesOther service charges; parks and recreation and 1 more

Other service charges$10.4 million
Parks and recreation$28 thousand
Other government-run businesses$22 thousand

Amounts are by Census type of charge.

Federal tax money18%

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

From the federal government

18%$5.0 million

State tax money2.5%

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

From the state

2.5%$681 thousand

County and local tax money1.5%

Money passed on by the county or other local governments.

From the county and other local governments

1.5%$400 thousand

Fines and other11%

Interest, rents and other

11%$3.1 million

Fines

0.2%$53 thousand

Where it goes

Water, sewer, trash and utilities35%Police, fire, courts and jails33%Roads, transit and parking14%Running the government and other costs11%Parks, recreation and libraries4.7%Interest on debt2.7%

What stands out

35%

of Palatka's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities

35%$6.5 million

What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more

Sewer systems$3.2 million
Garbage and solid waste$2.0 million
Water supply$1.2 million

Police, fire, courts and jails

33%$6.1 million

What's in police, fire, courts and jailsPolice; fire protection and 2 more

Police$3.4 million
Fire protection$2.4 million
Inspections and regulation$140 thousand
Courts and legal services$73 thousand

Roads, transit and parking

14%$2.6 million

What's in roads, transit and parkingAirports and roads and highways

Airports$2.0 million
Roads and highways$643 thousand

Running the government and other costs

11%$2.1 million

What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 1 more

Other and not broken out$1.0 million
Finance, tax collection and budgeting$539 thousand
Central staff services (personnel, purchasing, technology)$504 thousand

Parks, recreation and libraries

4.7%$880 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$880 thousand

Interest on debt

2.7%$507 thousand

What's in interest on debtInterest on water supply debt and interest on general debt

Interest on water supply debt$313 thousand
Interest on general debt$194 thousand

Sources and moreWhere these numbers come from and what they cover

City of Palatka. 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 Palatka 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.