Village government · Palm Beach County, FL

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

In the latest recorded fiscal year (ended September 30, 2021), Palm Springs took in $43.5 million and spent $36.6 million.

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

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Where it comes from

Fees for services (water, garbage collection)57%Village taxes31%State tax money5.3%Fines and other3.7%County and local tax money2.8%Federal tax money0.6%

What stands out

57%

of Palm Springs' money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

Village taxes31%

Property tax
17%$7.2 million
Other taxes
14%$6.2 million
What's in other taxesPublic utility taxes; occupation and business licenses and 3 more
  • Public utility taxes$2.9 million
  • Occupation and business licenses$2.0 million
  • Other licenses$784 thousand
  • Motor fuel taxes$408 thousand
  • Insurance premium taxes$163 thousand

Amounts are by Census tax category.

Fees for services57%

Fees for services
57%$24.7 million
What's in fees for servicesWater; other service charges and 4 more
  • Water$21.6 million
  • Other service charges$1.3 million
  • Garbage collection$1.2 million
  • Parks, land and natural resources$525 thousand
  • Parks and recreation$102 thousand
  • Road charges$16 thousand

Amounts are by Census type of charge.

Federal tax money0.6%

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

From the federal government
0.6%$247 thousand

State tax money5.3%

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

From the state
5.3%$2.3 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%$1.2 million

Fines and other3.7%

Interest, rents and other
3.0%$1.3 million
Fines
0.8%$327 thousand

Where it goes

Water, sewer, trash and utilities44%Running the government and other costs38%Parks, recreation and libraries7.7%Roads, transit and parking6.4%Police, fire, courts and jails3.2%Interest on debt1.1%

What stands out

38%

of Palm Springs' spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Water, sewer, trash and utilities
44%$16.1 million
What's in water, sewer, trash and utilitiesSewer systems and garbage and solid waste
  • Sewer systems$14.8 million
  • Garbage and solid waste$1.3 million
Running the government and other costs
38%$13.8 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$9.5 million
  • Finance, tax collection and budgeting$3.2 million
  • Central staff services (personnel, purchasing, technology)$1.1 million
Parks, recreation and libraries
7.7%$2.8 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$2.2 million
  • Libraries$637 thousand
Roads, transit and parking
6.4%$2.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.3 million
Police, fire, courts and jails
3.2%$1.2 million
What's in police, fire, courts and jailsInspections and regulation and courts and legal services
  • Inspections and regulation$961 thousand
  • Courts and legal services$199 thousand
Interest on debt
1.1%$391 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$275 thousand
  • Interest on general debt$116 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Palm Springs. 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 Village of Palm Springs 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.