City government · Jefferson County, OH

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

In the latest recorded fiscal year (ended December 31, 2021), Toronto took in $29.8 million and spent $27.2 million.

Latest recorded year: ended December 31, 2021Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, water)81%City taxes12%Fines and other5.8%State tax money0.9%County and local tax money0.7%

What stands out

81%

of Toronto's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes12%

Individual income tax
6.2%$1.8 million
Other taxes
2.9%$875 thousand
What's in other taxesPublic utility taxes; motor vehicle licenses and 2 more
  • Public utility taxes$756 thousand
  • Motor vehicle licenses$111 thousand
  • Alcoholic beverage licenses$4 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Business income tax
1.6%$475 thousand
Property tax
0.9%$255 thousand

Fees for services81%

Fees for services
81%$24.2 million
What's in fees for servicesElectric power; water and 2 more
  • Electric power$20.3 million
  • Water$1.9 million
  • Sewer$1.9 million
  • Other service charges$44 thousand

Amounts are by Census type of charge.

State tax money0.9%

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

From the state
0.9%$282 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$197 thousand

Fines and other5.8%

Fines
4.6%$1.4 million
Interest, rents and other
1.2%$361 thousand

Where it goes

Water, sewer, trash and utilities82%Police, fire, courts and jails7.8%Running the government and other costs6.2%Interest on debt2.6%Roads, transit and parking0.7%All other spending0.8%

What stands out

82%

of Toronto's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
82%$22.2 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 1 more
  • Electric power$18.7 million
  • Water supply$1.9 million
  • Sewer systems$1.7 million
Police, fire, courts and jails
7.8%$2.1 million
What's in police, fire, courts and jailsPolice and courts and legal services
  • Police$2.0 million
  • Courts and legal services$138 thousand
Running the government and other costs
6.2%$1.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$990 thousand
  • Finance, tax collection and budgeting$604 thousand
  • Government buildings$95 thousand
Interest on debt
2.6%$708 thousand
What's in interest on debtInterest on electric power debt; interest on water supply debt and 1 more
  • Interest on electric power debt$383 thousand
  • Interest on water supply debt$191 thousand
  • Interest on general debt$134 thousand
Roads, transit and parking
0.7%$193 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$193 thousand
Parks, recreation and libraries
0.5%$138 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$138 thousand
Sent to other local governments
0.3%$77 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$77 thousand
Sources and moreWhere these numbers come from and what they cover

City of Toronto. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Toronto 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.