City government · Sedgwick County, KS

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

In the latest recorded fiscal year (ended December 31, 2023), Park City took in $28.1 million and spent $21.1 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fines and other56%City taxes25%Fees for services (water, sewer)16%State tax money3.2%

What stands out

55%

of Park City's money comes from interest, rents and other revenue.A typical U.S. city, town or village of under 10,000 people gets 3%.

City taxes25%

Property tax
13%$3.7 million
Sales tax
6.2%$1.7 million
Other taxes
5.9%$1.7 million
What's in other taxesPublic utility taxes; motor vehicle licenses and 2 more
  • Public utility taxes$856 thousand
  • Motor vehicle licenses$514 thousand
  • Other licenses$279 thousand
  • Occupation and business licenses$5 thousand

Amounts are by Census tax category.

Fees for services16%

Fees for services
16%$4.4 million
What's in fees for servicesWater; sewer and 3 more
  • Water$1.8 million
  • Sewer$1.5 million
  • Garbage collection$580 thousand
  • Parks and recreation$288 thousand
  • Other service charges$221 thousand

Amounts are by Census type of charge.

State tax money3.2%

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

From the state
3.2%$900 thousand

Fines and other56%

Interest, rents and other
55%$15.4 million
Fines
1.3%$362 thousand

Where it goes

Interest on debt42%Water, sewer, trash and utilities19%Running the government and other costs17%Police, fire, courts and jails14%Parks, recreation and libraries5.7%Roads, transit and parking2.8%

What stands out

42%

of Park City's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Interest on debt
42%$8.8 million
Water, sewer, trash and utilities
19%$4.0 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$2.2 million
  • Sewer systems$1.2 million
  • Garbage and solid waste$539 thousand
Running the government and other costs
17%$3.6 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$2.1 million
  • Finance, tax collection and budgeting$1.0 million
  • Central staff services (personnel, purchasing, technology)$546 thousand
Police, fire, courts and jails
14%$2.9 million
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$2.4 million
  • Courts and legal services$363 thousand
  • Inspections and regulation$143 thousand
Parks, recreation and libraries
5.7%$1.2 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$875 thousand
  • Libraries$337 thousand
Roads, transit and parking
2.8%$602 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$602 thousand
Sources and moreWhere these numbers come from and what they cover

City of Park City. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

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.