City government · Webb County, TX
Laredo's money: where it comes from and where it goes
In the latest recorded fiscal year (ended September 30, 2023), Laredo took in $693 million and spent $622 million.
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Where it comes from
What stands out
of Laredo's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 50,000+ people gets 30%.
City taxes30%
What's in other taxesOther licenses; public utility taxes and 2 more
- Other licenses$10.4 million
- Public utility taxes$8.8 million
- Other selective sales taxes$5.0 million
- Amusement taxes$47 thousand
Amounts are by Census tax category.
Fees for services46%
What's in fees for servicesTolls on roads and bridges; other service charges and 9 more
- Tolls on roads and bridges$80.8 million
- Other service charges$71.9 million
- Water$63.9 million
- Sewer$46.5 million
- Garbage collection$33.5 million
- Airport$7.9 million
- Parks and recreation$7.5 million
- Transit fares$3.4 million
- Housing$1.8 million
- Parking$1.6 million
- Other government-run businesses$315 thousand
Amounts are by Census type of charge.
Federal tax money8.9%
Grants from Washington, paid for by the federal taxes residents also pay.
State tax money5.4%
Money the state passes on, paid for by the state taxes residents also pay.
County and local tax money0.1%
Money passed on by the county or other local governments.
Fines and other9.8%
Where it goes
What stands out
of Laredo's spending goes to roads, transit and parking.A typical U.S. city of 50,000+ people spends 10%.
Spending by category100%
What's in police, fire, courts and jailsPolice; fire protection and 2 more
- Police$84.5 million
- Fire protection$60.3 million
- Courts and legal services$4.5 million
- Inspections and regulation$4.1 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
- Water supply$58.9 million
- Sewer systems$52.3 million
- Garbage and solid waste$26.7 million
What's in roads, transit and parkingToll roads and bridges; airports and 3 more
- Toll roads and bridges$67.5 million
- Airports$24.2 million
- Roads and highways$23.1 million
- Public transit$20.2 million
- Parking$1.6 million
What's in parks, recreation and librariesParks and recreation and libraries
- Parks and recreation$53.4 million
- Libraries$4.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 3 more
- Other and not broken out$39.8 million
- Central staff services (personnel, purchasing, technology)$8.6 million
- Finance, tax collection and budgeting$5.4 million
- Other government-run businesses$1.8 million
- Government buildings$654 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
- Interest on general debt$20.9 million
- Interest on water supply debt$13.1 million
What's in health and hospitalsPublic health
- Public health$33.1 million
What's in social servicesOther public welfare
- Other public welfare$1.9 million
Sources and moreWhere these numbers come from and what they cover
City of Laredo. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended September 30, 2023.
What this covers. The money of City of Laredo 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.