City government · Dougherty County, GA

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

In the latest recorded fiscal year (ended June 30, 2024), Albany took in $286 million and spent $248 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)69%Fines and other11%City taxes11%County and local tax money5.0%State tax money2.6%Federal tax money0.8%

What stands out

69%

of Albany's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 50,000+ people gets 30%.

City taxes11%

Property tax
5.8%$16.6 million
Other taxes
5.3%$15.1 million
What's in other taxesInsurance premium taxes; other selective sales taxes and 5 more
  • Insurance premium taxes$6.3 million
  • Other selective sales taxes$3.0 million
  • Occupation and business licenses$1.8 million
  • Public utility taxes$1.7 million
  • Alcoholic beverage taxes$1.2 million
  • Other licenses$561 thousand
  • Alcoholic beverage licenses$490 thousand

Amounts are by Census tax category.

Fees for services69%

Fees for services
69%$198 million
What's in fees for servicesElectric power; sewer and 9 more
  • Electric power$98.8 million
  • Sewer$40.6 million
  • Gas$17.6 million
  • Garbage collection$13.9 million
  • Other service charges$11.1 million
  • Water$7.9 million
  • Other government-run businesses$4.0 million
  • Airport$1.8 million
  • Parks and recreation$1.4 million
  • Transit fares$433 thousand
  • Road charges$123 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$2.4 million

State tax money2.6%

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

From the state
2.6%$7.4 million

County and local tax money5.0%

Money passed on by the county or other local governments.

From the county and other local governments
5.0%$14.2 million

Fines and other11%

Interest, rents and other
10%$29.0 million
Fines
1.4%$3.9 million

Where it goes

Water, sewer, trash and utilities53%Running the government and other costs20%Police, fire, courts and jails18%Parks, recreation and libraries2.9%Roads, transit and parking2.7%All other spending3.1%

What stands out

53%

of Albany's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 50,000+ people spends 20%.

Spending by category100%

Water, sewer, trash and utilities
53%$132 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 3 more
  • Electric power$77.5 million
  • Sewer systems$20.0 million
  • Gas supply$14.9 million
  • Garbage and solid waste$12.4 million
  • Water supply$7.5 million
Running the government and other costs
20%$50.3 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$34.4 million
  • Finance, tax collection and budgeting$7.7 million
  • Central staff services (personnel, purchasing, technology)$4.2 million
  • Government buildings$4.0 million
Police, fire, courts and jails
18%$43.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$24.9 million
  • Fire protection$17.1 million
  • Courts and legal services$1.8 million
Parks, recreation and libraries
2.9%$7.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$7.2 million
Roads, transit and parking
2.7%$6.8 million
What's in roads, transit and parkingAirports and roads and highways
  • Airports$5.8 million
  • Roads and highways$1.0 million
Sent to other local governments
2.7%$6.6 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$6.6 million
Interest on debt
0.2%$530 thousand
What's in interest on debtInterest on general debt; interest on electric power debt and 1 more
  • Interest on general debt$354 thousand
  • Interest on electric power debt$145 thousand
  • Interest on water supply debt$31 thousand
Housing and community development
0.2%$451 thousand
Sources and moreWhere these numbers come from and what they cover

City of Albany. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Albany 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.