Town government · Brevard County, FL

Palm Shores's money: where it comes from and where it goes

In the latest recorded fiscal year (ended September 30, 2021), Palm Shores took in $591 thousand and spent $418 thousand.

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

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Where it comes from

Town taxes55%State tax money20%Federal tax money16%County and local tax money5.8%Fees for services1.9%Fines and other0.8%

What stands out

55%

of Palm Shores' money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

Town taxes55%

Other taxes
55%$327 thousand
What's in other taxesPublic utility taxes; occupation and business licenses and 2 more
  • Public utility taxes$172 thousand
  • Occupation and business licenses$85 thousand
  • Other licenses$42 thousand
  • Motor fuel taxes$28 thousand

Amounts are by Census tax category.

Fees for services1.9%

Fees for services
1.9%$11 thousand
What's in fees for servicesOther service charges
  • Other service charges$11 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%$97 thousand

State tax money20%

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

From the state
20%$117 thousand

County and local tax money5.8%

Money passed on by the county or other local governments.

From the county and other local governments
5.8%$34 thousand

Fines and other0.8%

Interest, rents and other
0.8%$5 thousand

Where it goes

Running the government and other costs55%Roads, transit and parking20%Parks, recreation and libraries17%Police, fire, courts and jails6.9%

What stands out

17%

of Palm Shores' spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Running the government and other costs
55%$231 thousand
What's in running the government and other costsFinance, tax collection and budgeting and central staff services (personnel, purchasing, technology)
  • Finance, tax collection and budgeting$150 thousand
  • Central staff services (personnel, purchasing, technology)$81 thousand
Roads, transit and parking
20%$85 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$85 thousand
Parks, recreation and libraries
17%$73 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$73 thousand
Police, fire, courts and jails
6.9%$29 thousand
What's in police, fire, courts and jailsInspections and regulation and courts and legal services
  • Inspections and regulation$18 thousand
  • Courts and legal services$11 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Palm Shores. 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 Town of Palm Shores 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.