City government · Summit County, UT

Park City's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Park City took in $141 million and spent $121 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes60%Federal tax money20%Fees for services (water, parks and recreation)17%Fines and other2.4%State tax money0.4%

What stands out

20%

of Park City's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes60%

Other taxes
27%$37.4 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 3 more
  • Other selective sales taxes$25.2 million
  • Occupation and business licenses$4.5 million
  • Public utility taxes$4.3 million
  • Other licenses$3.5 million
  • Alcoholic beverage licenses$23 thousand

Amounts are by Census tax category.

Property tax
18%$26.0 million
Sales tax
15%$20.7 million

Fees for services17%

Fees for services
17%$24.3 million
What's in fees for servicesWater; parks and recreation and 6 more
  • Water$10.9 million
  • Parks and recreation$6.4 million
  • Parking$3.4 million
  • Sewer$1.9 million
  • Other service charges$957 thousand
  • Transit fares$610 thousand
  • Road charges$117 thousand
  • Other government-run businesses$21 thousand

Amounts are by Census type of charge.

Federal tax money20%

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

From the federal government
20%$28.7 million

State tax money0.4%

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

From the state
0.4%$521 thousand

Fines and other2.4%

Interest, rents and other
2.3%$3.2 million
Fines
<0.1%$96 thousand

Where it goes

Water, sewer, trash and utilities28%Roads, transit and parking28%Running the government and other costs21%Parks, recreation and libraries9.4%Police, fire, courts and jails8.3%All other spending5.4%

What stands out

28%

of Park City's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
28%$33.7 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$33.1 million
  • Sewer systems$642 thousand
  • Garbage and solid waste$8 thousand
Roads, transit and parking
28%$33.3 million
What's in roads, transit and parkingPublic transit; roads and highways and 1 more
  • Public transit$25.5 million
  • Roads and highways$7.7 million
  • Parking$61 thousand
Running the government and other costs
21%$25.9 million
What's in running the government and other costsOther and not broken out; government buildings and 3 more
  • Other and not broken out$15.4 million
  • Government buildings$4.5 million
  • Central staff services (personnel, purchasing, technology)$4.5 million
  • Finance, tax collection and budgeting$1.5 million
  • Other government-run businesses$48 thousand
Parks, recreation and libraries
9.4%$11.4 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$9.8 million
  • Libraries$1.6 million
Police, fire, courts and jails
8.3%$10.1 million
What's in police, fire, courts and jailsPolice; inspections and regulation and 2 more
  • Police$6.6 million
  • Inspections and regulation$1.9 million
  • Courts and legal services$1.4 million
  • Fire protection$185 thousand
Interest on debt
4.0%$4.8 million
Housing and community development
1.3%$1.6 million
Social services
<0.1%$68 thousand
What's in social servicesOther public welfare
  • Other public welfare$68 thousand
Environment and natural resources
<0.1%$65 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$65 thousand
Health and hospitals
<0.1%$13 thousand
What's in health and hospitalsPublic health
  • Public health$13 thousand
Sources and moreWhere these numbers come from and what they cover

City of Park City. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. 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 Park City 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.