City government · Portage County, OH

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

In the latest recorded fiscal year (ended December 31, 2023), Ravenna took in $34.6 million and spent $28.2 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 taxes42%Fines and other28%Fees for services (water, sewer)21%State tax money9.2%

What stands out

36%

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

City taxes42%

Individual income tax
36%$12.6 million
Property tax
2.6%$910 thousand
Other taxes
2.6%$906 thousand
What's in other taxesOther licenses
  • Other licenses$906 thousand

Amounts are by Census tax category.

Fees for services21%

Fees for services
21%$7.2 million
What's in fees for servicesWater; sewer and 2 more
  • Water$3.1 million
  • Sewer$3.0 million
  • Other service charges$1.1 million
  • Road charges$1 thousand

Amounts are by Census type of charge.

State tax money9.2%

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

From the state
9.2%$3.2 million

Fines and other28%

Interest, rents and other
27%$9.4 million
Fines
1.1%$396 thousand

Where it goes

Police, fire, courts and jails30%Running the government and other costs30%Water, sewer, trash and utilities28%Roads, transit and parking7.6%Parks, recreation and libraries4.1%All other spending1.4%

What stands out

30%

of Ravenna's 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%

Police, fire, courts and jails
30%$8.4 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$5.2 million
  • Fire protection$3.1 million
  • Courts and legal services$181 thousand
Running the government and other costs
30%$8.3 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$5.9 million
  • Finance, tax collection and budgeting$1.1 million
  • Central staff services (personnel, purchasing, technology)$1.0 million
  • Government buildings$260 thousand
Water, sewer, trash and utilities
28%$7.8 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$4.2 million
  • Sewer systems$3.6 million
Roads, transit and parking
7.6%$2.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.1 million
Parks, recreation and libraries
4.1%$1.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.2 million
Health and hospitals
1.3%$368 thousand
What's in health and hospitalsPublic health
  • Public health$368 thousand
Interest on debt
<0.1%$14 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ravenna. 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 Ravenna 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.