City government · Norfolk City, VA

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

In the latest recorded fiscal year (ended June 30, 2024), Norfolk took in $1.61 billion and spent $1.77 billion.

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

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Where it comes from

City taxes38%Fees for services (water, airport)23%State tax money23%Federal tax money10%Fines and other4.9%County and local tax money0.5%

What stands out

23%

of Norfolk's money comes from state tax money.A typical U.S. city of 50,000+ people gets 6.4%.

City taxes38%

Property tax
26%$415 million
Other taxes
9.8%$158 million
What's in other taxesOther selective sales taxes; occupation and business licenses and 6 more
  • Other selective sales taxes$65.5 million
  • Occupation and business licenses$36.4 million
  • Public utility taxes$34.7 million
  • Tobacco taxes$5.7 million
  • Amusement taxes$5.6 million
  • Motor vehicle licenses$3.5 million
  • Other licenses$3.4 million
  • Real estate and stock transfer taxes$2.7 million

Amounts are by Census tax category.

Sales tax
2.8%$45.8 million

Fees for services23%

Fees for services
23%$376 million
What's in fees for servicesWater; airport and 11 more
  • Water$119 million
  • Airport$82.8 million
  • Sewer$66.6 million
  • Housing$31.0 million
  • Other service charges$21.8 million
  • Garbage collection$21.7 million
  • Parking$19.2 million
  • Parks and recreation$10.1 million
  • Road charges$1.8 million
  • Other government-run businesses$1.8 million
  • School tuition and transportation$274 thousand
  • School lunches$84 thousand
  • Other school charges$31 thousand

Amounts are by Census type of charge.

Federal tax money10%

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

From the federal government
10%$160 million

State tax money23%

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

From the state
23%$365 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$8.1 million

Fines and other4.9%

Interest, rents and other
4.8%$77.4 million
Fines
<0.1%$1.1 million

Where it goes

Schools and colleges30%Running the government and other costs17%Housing and community development11%Police, fire, courts and jails11%Roads, transit and parking9.0%All other spending22%

What stands out

30%

of Norfolk's spending goes to schools and colleges.Most U.S. cities of 50,000+ people spend nothing on this.

Spending by category100%

Schools and colleges
30%$524 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$524 million
Running the government and other costs
17%$296 million
What's in running the government and other costsOther and not broken out; government buildings and 3 more
  • Other and not broken out$199 million
  • Government buildings$60.1 million
  • Finance, tax collection and budgeting$18.7 million
  • Central staff services (personnel, purchasing, technology)$15.6 million
  • Other government-run businesses$2.3 million
Housing and community development
11%$203 million
Police, fire, courts and jails
11%$199 million
What's in police, fire, courts and jailsPolice; prisons and jails and 4 more
  • Police$87.7 million
  • Prisons and jails$48.9 million
  • Fire protection$45.6 million
  • Courts and legal services$13.9 million
  • Inspections and regulation$2.3 million
  • Probation, parole and other corrections$197 thousand
Roads, transit and parking
9.0%$158 million
What's in roads, transit and parkingAirports; roads and highways and 1 more
  • Airports$90.4 million
  • Roads and highways$50.8 million
  • Parking$16.9 million
Water, sewer, trash and utilities
8.9%$157 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$75.8 million
  • Sewer systems$57.4 million
  • Garbage and solid waste$24.1 million
Parks, recreation and libraries
3.9%$69.3 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$55.9 million
  • Libraries$13.4 million
Social services
3.4%$60.8 million
What's in social servicesOther public welfare
  • Other public welfare$60.8 million
Interest on debt
3.2%$56.2 million
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$46.3 million
  • Interest on water supply debt$9.9 million
Health and hospitals
1.9%$34.3 million
What's in health and hospitalsPublic health
  • Public health$34.3 million
Sent to other local governments
0.5%$8.2 million
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$8.2 million
Sources and moreWhere these numbers come from and what they cover

City of Norfolk. 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 City of Norfolk 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.