City government · Hamilton County, OH

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

In the latest recorded fiscal year (ended December 31, 2023), Montgomery took in $23.3 million and spent $48.4 million.

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

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Where it comes from

City taxes93%Fines and other3.3%State tax money1.5%Fees for services (parks and recreation)1.5%County and local tax money0.5%Federal tax money0.4%

What stands out

48%

of Montgomery's money comes from a personal income tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes93%

Individual income tax
48%$11.3 million
Property tax
39%$9.1 million
Business income tax
3.1%$719 thousand
Other taxes
2.4%$561 thousand
What's in other taxesMotor fuel taxes and alcoholic beverage taxes
  • Motor fuel taxes$538 thousand
  • Alcoholic beverage taxes$23 thousand

Amounts are by Census tax category.

Fees for services1.5%

Fees for services
1.5%$347 thousand
What's in fees for servicesParks and recreation
  • Parks and recreation$347 thousand

Amounts are by Census type of charge.

Federal tax money0.4%

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

From the federal government
0.4%$86 thousand

State tax money1.5%

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

From the state
1.5%$360 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$125 thousand

Fines and other3.3%

Interest, rents and other
3.2%$749 thousand
Fines
0.1%$30 thousand

Where it goes

Housing and community development49%Police, fire, courts and jails20%Parks, recreation and libraries15%Roads, transit and parking6.8%Interest on debt5.3%All other spending4.8%

What stands out

49%

of Montgomery's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Housing and community development
49%$23.6 million
Police, fire, courts and jails
20%$9.5 million
What's in police, fire, courts and jailsFire protection; police and 2 more
  • Fire protection$4.5 million
  • Police$4.2 million
  • Inspections and regulation$713 thousand
  • Courts and legal services$121 thousand
Parks, recreation and libraries
15%$7.1 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$7.1 million
Roads, transit and parking
6.8%$3.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.3 million
Interest on debt
5.3%$2.6 million
Running the government and other costs
3.2%$1.6 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 2 more
  • Finance, tax collection and budgeting$799 thousand
  • Central staff services (personnel, purchasing, technology)$638 thousand
  • Other government-run businesses$73 thousand
  • Government buildings$45 thousand
Water, sewer, trash and utilities
1.6%$764 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$764 thousand
Environment and natural resources
<0.1%$2 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of Montgomery. 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 Montgomery 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.