County government · Montgomery County, VA

Montgomery County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Montgomery County took in $299 million and spent $344 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

See every government that serves your ZIP

Where it comes from

County taxes45%State tax money29%Fees for services (water, sewer)15%Fines and other7.2%Federal tax money3.3%Local tax money0.6%

What stands out

39%

of Montgomery County's money comes from property tax.A typical U.S. county of 50,000 to 250,000 people gets 28%.

County taxes45%

Property tax
39%$116 million
Sales tax
4.5%$13.6 million
Other taxes
1.4%$4.1 million
What's in other taxesPublic utility taxes; real estate and stock transfer taxes and 4 more
  • Public utility taxes$1.5 million
  • Real estate and stock transfer taxes$851 thousand
  • Motor vehicle licenses$817 thousand
  • Other selective sales taxes$515 thousand
  • Tobacco taxes$406 thousand
  • Other licenses$37 thousand

Amounts are by Census tax category.

Fees for services15%

Fees for services
15%$46.3 million
What's in fees for servicesOther service charges; water and 6 more
  • Other service charges$37.2 million
  • Water$3.9 million
  • Sewer$2.4 million
  • School lunches$1.8 million
  • Garbage collection$337 thousand
  • School tuition and transportation$317 thousand
  • Parks and recreation$246 thousand
  • Other school charges$6 thousand

Amounts are by Census type of charge.

Federal tax money3.3%

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

From the federal government
3.3%$9.7 million

State tax money29%

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

From the state
29%$86.2 million

Local tax money0.6%

Money passed on by the county or other local governments.

From other local governments
0.6%$1.7 million

Fines and other7.2%

Interest, rents and other
7.1%$21.3 million
Fines
<0.1%$50 thousand

Where it goes

Schools and colleges43%Health and hospitals22%Running the government and other costs15%Police, fire, courts and jails9.2%Social services3.6%All other spending7.4%

What stands out

43%

of Montgomery County's spending goes to schools and colleges.Most U.S. counties of 50,000 to 250,000 people spend nothing on this.

Spending by category100%

Schools and colleges
43%$148 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$148 million
Health and hospitals
22%$75.0 million
What's in health and hospitalsPublic health
  • Public health$75.0 million
Running the government and other costs
15%$51.8 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$36.5 million
  • Central staff services (personnel, purchasing, technology)$7.2 million
  • Government buildings$5.8 million
  • Finance, tax collection and budgeting$2.3 million
Police, fire, courts and jails
9.2%$31.5 million
What's in police, fire, courts and jailsPolice; prisons and jails and 3 more
  • Police$13.1 million
  • Prisons and jails$8.9 million
  • Fire protection$6.3 million
  • Courts and legal services$2.8 million
  • Inspections and regulation$463 thousand
Social services
3.6%$12.3 million
What's in social servicesOther public welfare
  • Other public welfare$12.3 million
Interest on debt
2.9%$10.0 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$9.9 million
  • Interest on water supply debt$109 thousand
Water, sewer, trash and utilities
2.5%$8.6 million
What's in water, sewer, trash and utilitiesGarbage and solid waste; water supply and 1 more
  • Garbage and solid waste$3.9 million
  • Water supply$2.9 million
  • Sewer systems$1.8 million
Parks, recreation and libraries
1.9%$6.4 million
What's in parks, recreation and librariesLibraries and parks and recreation
  • Libraries$3.6 million
  • Parks and recreation$2.8 million
Sent to other local governments
0.1%$362 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$362 thousand
Environment and natural resources
<0.1%$92 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$92 thousand
Sources and moreWhere these numbers come from and what they cover

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

What this covers. The money of Montgomery County 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.