City government · Cuyahoga County, OH

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

In the latest recorded fiscal year (ended December 31, 2023), Parma took in $105 million and spent $96.3 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 taxes74%Fines and other11%State tax money9.8%Fees for services (parks and recreation)4.3%Federal tax money0.5%

What stands out

53%

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

City taxes74%

Individual income tax
53%$55.8 million
Property tax
12%$12.4 million
Other taxes
9.1%$9.5 million
What's in other taxesOther licenses
  • Other licenses$9.5 million

Amounts are by Census tax category.

Fees for services4.3%

Fees for services
4.3%$4.5 million
What's in fees for servicesOther service charges and parks and recreation
  • Other service charges$2.9 million
  • Parks and recreation$1.6 million

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%$545 thousand

State tax money9.8%

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

From the state
9.8%$10.3 million

Fines and other11%

Fines
7.8%$8.2 million
Interest, rents and other
3.6%$3.8 million

Where it goes

Police, fire, courts and jails48%Running the government and other costs26%Housing and community development7.6%Roads, transit and parking6.7%Water, sewer, trash and utilities6.1%All other spending5.6%

What stands out

48%

of Parma's spending goes to police, fire, courts and jails.A typical U.S. city of 50,000+ people spends 25%.

Spending by category100%

Police, fire, courts and jails
48%$46.3 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$21.1 million
  • Fire protection$16.9 million
  • Courts and legal services$8.1 million
  • Inspections and regulation$281 thousand
Running the government and other costs
26%$25.0 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$13.4 million
  • Finance, tax collection and budgeting$5.7 million
  • Central staff services (personnel, purchasing, technology)$4.2 million
  • Government buildings$1.8 million
Housing and community development
7.6%$7.3 million
Roads, transit and parking
6.7%$6.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6.4 million
Water, sewer, trash and utilities
6.1%$5.9 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$5.9 million
Parks, recreation and libraries
4.5%$4.3 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4.3 million
Interest on debt
0.6%$613 thousand
Health and hospitals
0.4%$411 thousand
What's in health and hospitalsPublic health
  • Public health$411 thousand
Sources and moreWhere these numbers come from and what they cover

City of Parma. 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 Parma 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.