City government · Oakland County, MI

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

In the latest recorded fiscal year (ended June 30, 2024), Bloomfield Hills took in $21.1 million and spent $20.1 million.

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

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Where it comes from

City taxes58%Fees for services (water, sewer)31%State tax money6.3%Fines and other2.8%Federal tax money2.0%County and local tax money0.2%

What stands out

54%

of Bloomfield Hills' money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes58%

Property tax
54%$11.5 million
Other taxes
3.7%$776 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$776 thousand

Amounts are by Census tax category.

Fees for services31%

Fees for services
31%$6.5 million
What's in fees for servicesWater; sewer and 1 more
  • Water$3.8 million
  • Sewer$2.2 million
  • Other service charges$445 thousand

Amounts are by Census type of charge.

Federal tax money2.0%

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

From the federal government
2.0%$427 thousand

State tax money6.3%

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

From the state
6.3%$1.3 million

County and local tax money0.2%

Money passed on by the county or other local governments.

From the county and other local governments
0.2%$38 thousand

Fines and other2.8%

Interest, rents and other
2.6%$554 thousand
Fines
0.2%$42 thousand

Where it goes

Running the government and other costs57%Water, sewer, trash and utilities22%Roads, transit and parking14%Police, fire, courts and jails2.6%Interest on debt2.6%Parks, recreation and libraries1.7%

What stands out

57%

of Bloomfield Hills' spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
57%$11.5 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$10.4 million
  • Central staff services (personnel, purchasing, technology)$453 thousand
  • Government buildings$304 thousand
  • Finance, tax collection and budgeting$299 thousand
Water, sewer, trash and utilities
22%$4.4 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$4.4 million
Roads, transit and parking
14%$2.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.9 million
Police, fire, courts and jails
2.6%$533 thousand
What's in police, fire, courts and jailsInspections and regulation and courts and legal services
  • Inspections and regulation$416 thousand
  • Courts and legal services$117 thousand
Interest on debt
2.6%$529 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$509 thousand
  • Interest on water supply debt$20 thousand
Parks, recreation and libraries
1.7%$339 thousand
What's in parks, recreation and librariesLibraries
  • Libraries$339 thousand
Sources and moreWhere these numbers come from and what they cover

City of Bloomfield 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 City of Bloomfield 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.