City government · Prince Georges County, MD

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

In the latest recorded fiscal year (ended June 30, 2024), College Park took in $28.1 million and spent $31.2 million.

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

See every government that serves your ZIP

Where it comes from

City taxes71%Fines and other13%Federal tax money8.3%State tax money4.4%Fees for services (parking, garbage collection)2.4%County and local tax money0.6%

What stands out

12%

of College Park's money comes from fines.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes71%

Property tax
45%$12.6 million
Other taxes
16%$4.5 million
What's in other taxesOther selective sales taxes; other licenses and 5 more
  • Other selective sales taxes$1.7 million
  • Other licenses$1.4 million
  • Amusement taxes$1.1 million
  • Public utility licenses$213 thousand
  • Alcoholic beverage licenses$29 thousand
  • Occupation and business licenses$23 thousand
  • Motor vehicle licenses$15 thousand

Amounts are by Census tax category.

Individual income tax
10%$2.9 million

Fees for services2.4%

Fees for services
2.4%$679 thousand
What's in fees for servicesParking; garbage collection and 1 more
  • Parking$529 thousand
  • Garbage collection$140 thousand
  • Other service charges$10 thousand

Amounts are by Census type of charge.

Federal tax money8.3%

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

From the federal government
8.3%$2.3 million

State tax money4.4%

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

From the state
4.4%$1.2 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$166 thousand

Fines and other13%

Fines
12%$3.5 million
Interest, rents and other
0.9%$255 thousand

Where it goes

Running the government and other costs54%Police, fire, courts and jails17%Roads, transit and parking10%Water, sewer, trash and utilities7.7%Parks, recreation and libraries5.0%All other spending5.0%

What stands out

54%

of College Park's 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%

Running the government and other costs
54%$17.0 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$9.0 million
  • Central staff services (personnel, purchasing, technology)$4.9 million
  • Finance, tax collection and budgeting$2.4 million
  • Government buildings$658 thousand
Police, fire, courts and jails
17%$5.4 million
What's in police, fire, courts and jailsInspections and regulation; police and 1 more
  • Inspections and regulation$3.5 million
  • Police$1.7 million
  • Courts and legal services$243 thousand
Roads, transit and parking
10%$3.2 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$3.1 million
  • Parking$94 thousand
Water, sewer, trash and utilities
7.7%$2.4 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$2.4 million
Parks, recreation and libraries
5.0%$1.6 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.6 million
Interest on debt
4.2%$1.3 million
Housing and community development
0.4%$133 thousand
Health and hospitals
0.4%$120 thousand
What's in health and hospitalsPublic health
  • Public health$120 thousand
Sources and moreWhere these numbers come from and what they cover

City of College Park. 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 College Park 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.