Village government · Oakland County, MI

Beverly Hills's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Beverly Hills took in $22.1 million and spent $20.2 million.

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

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Where it comes from

Village taxes46%Fees for services34%State tax money12%Fines and other6.6%Federal tax money1.2%County and local tax money0.1%

What stands out

46%

of Beverly Hills' money comes from property tax.A typical U.S. city of 10,000 to 50,000 people gets 19%.

Village taxes46%

Property tax
46%$10.2 million
Other taxes
<0.1%$15 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$15 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$7.4 million
What's in fees for servicesOther service charges
  • Other service charges$7.4 million

Amounts are by Census type of charge.

Federal tax money1.2%

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

From the federal government
1.2%$272 thousand

State tax money12%

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

From the state
12%$2.7 million

County and local tax money0.1%

Money passed on by the county or other local governments.

From the county and other local governments
0.1%$31 thousand

Fines and other6.6%

Interest, rents and other
5.9%$1.3 million
Fines
0.8%$170 thousand

Where it goes

Running the government and other costs47%Water, sewer, trash and utilities27%Roads, transit and parking18%Parks, recreation and libraries4.4%Police, fire, courts and jails2.7%Interest on debt0.6%

What stands out

47%

of Beverly Hills' 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
47%$9.5 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$8.0 million
  • Finance, tax collection and budgeting$945 thousand
  • Central staff services (personnel, purchasing, technology)$525 thousand
  • Government buildings$57 thousand
Water, sewer, trash and utilities
27%$5.5 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$5.5 million
Roads, transit and parking
18%$3.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.7 million
Parks, recreation and libraries
4.4%$883 thousand
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$586 thousand
  • Parks and recreation$297 thousand
Police, fire, courts and jails
2.7%$540 thousand
What's in police, fire, courts and jailsInspections and regulation
  • Inspections and regulation$540 thousand
Interest on debt
0.6%$113 thousand
Sources and moreWhere these numbers come from and what they cover

Village of Beverly Hills. 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 Village of Beverly Hills 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.