City government · Hennepin County, MN

Plymouth's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Plymouth took in $141 million and spent $124 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

City taxes41%Fees for services (water, sewer)27%Fines and other20%State tax money12%County and local tax money0.6%Federal tax money0.5%

What stands out

19%

of Plymouth's money comes from interest, rents and other revenue.A typical U.S. city of 50,000+ people gets 6.9%.

City taxes41%

Property tax
34%$48.3 million
Other taxes
6.3%$8.8 million
What's in other taxesOther licenses; public utility taxes and 3 more
  • Other licenses$5.5 million
  • Public utility taxes$2.8 million
  • Alcoholic beverage licenses$224 thousand
  • Public utility licenses$177 thousand
  • Occupation and business licenses$119 thousand

Amounts are by Census tax category.

Fees for services27%

Fees for services
27%$37.3 million
What's in fees for servicesWater; sewer and 6 more
  • Water$15.7 million
  • Sewer$12.3 million
  • Parks and recreation$5.5 million
  • Other service charges$1.4 million
  • Garbage collection$1.3 million
  • Electric power$765 thousand
  • Transit fares$383 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$739 thousand

State tax money12%

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

From the state
12%$17.1 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%$912 thousand

Fines and other20%

Interest, rents and other
19%$27.2 million
Fines
0.3%$357 thousand

Where it goes

Roads, transit and parking31%Police, fire, courts and jails20%Water, sewer, trash and utilities17%Parks, recreation and libraries14%Running the government and other costs12%All other spending6.6%

What stands out

31%

of Plymouth's spending goes to roads, transit and parking.A typical U.S. city of 50,000+ people spends 10%.

Spending by category100%

Roads, transit and parking
31%$38.5 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$33.0 million
  • Public transit$5.4 million
Police, fire, courts and jails
20%$24.6 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$16.9 million
  • Fire protection$7.7 million
Water, sewer, trash and utilities
17%$20.5 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$10.9 million
  • Water supply$8.0 million
  • Garbage and solid waste$1.7 million
Parks, recreation and libraries
14%$17.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17.5 million
Running the government and other costs
12%$14.9 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$7.3 million
  • Central staff services (personnel, purchasing, technology)$4.9 million
  • Finance, tax collection and budgeting$2.7 million
  • Government buildings$27 thousand
Environment and natural resources
4.0%$4.9 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$4.9 million
Interest on debt
1.4%$1.7 million
Housing and community development
1.3%$1.6 million
Sources and moreWhere these numbers come from and what they cover

City of Plymouth. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of City of Plymouth 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.