City government · Lake County, IL

Park City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended April 30, 2022), Park City took in $7.0 million and spent $5.4 million.

Latest recorded year: ended April 30, 2022Comes fromGoes to

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Where it comes from

State tax money45%Fees for services (water)23%City taxes19%Federal tax money7.6%Fines and other5.5%

What stands out

45%

of Park City's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes19%

Other taxes
11%$751 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$474 thousand
  • Public utility taxes$277 thousand

Amounts are by Census tax category.

Property tax
8.8%$619 thousand

Fees for services23%

Fees for services
23%$1.6 million
What's in fees for servicesWater
  • Water$1.6 million

Amounts are by Census type of charge.

Federal tax money7.6%

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

From the federal government
7.6%$535 thousand

State tax money45%

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

From the state
45%$3.1 million

Fines and other5.5%

Fines
4.6%$326 thousand
Interest, rents and other
0.8%$59 thousand

Where it goes

Police, fire, courts and jails52%Water, sewer, trash and utilities20%Running the government and other costs15%Roads, transit and parking13%Parks, recreation and libraries0.2%Interest on debt0.2%

What stands out

52%

of Park City's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
52%$2.8 million
What's in police, fire, courts and jailsPolice
  • Police$2.8 million
Water, sewer, trash and utilities
20%$1.1 million
What's in water, sewer, trash and utilitiesWater supply
  • Water supply$1.1 million
Running the government and other costs
15%$818 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$818 thousand
Roads, transit and parking
13%$689 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$689 thousand
Parks, recreation and libraries
0.2%$11 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$11 thousand
Interest on debt
0.2%$10 thousand
Sources and moreWhere these numbers come from and what they cover

City of Park City. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended April 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Park City 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.