City government · Albany County, WY

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

In the latest recorded fiscal year (ended June 30, 2024), Laramie took in $85.6 million and spent $79.5 million.

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

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Where it comes from

State tax money30%Fees for services (water, sewer)27%County and local tax money25%Fines and other8.8%City taxes8.1%Federal tax money0.5%

What stands out

25%

of Laramie's money comes from county and other local tax money.A typical U.S. city of 10,000 to 50,000 people gets 0.8%.

City taxes8.1%

Property tax
4.3%$3.7 million
Other taxes
3.8%$3.2 million
What's in other taxesPublic utility taxes; other licenses and 1 more
  • Public utility taxes$1.8 million
  • Other licenses$1.2 million
  • Occupation and business licenses$229 thousand

Amounts are by Census tax category.

Fees for services27%

Fees for services
27%$23.5 million
What's in fees for servicesWater; sewer and 4 more
  • Water$9.8 million
  • Sewer$6.1 million
  • Garbage collection$5.2 million
  • Parks and recreation$1.7 million
  • Other service charges$566 thousand
  • Other government-run businesses$44 thousand

Amounts are by Census type of charge.

Federal tax money0.5%

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

From the federal government
0.5%$466 thousand

State tax money30%

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

From the state
30%$25.9 million

County and local tax money25%

Money passed on by the county or other local governments.

From the county and other local governments
25%$21.2 million

Fines and other8.8%

Interest, rents and other
8.2%$7.0 million
Fines
0.7%$589 thousand

Where it goes

Water, sewer, trash and utilities43%Police, fire, courts and jails24%Running the government and other costs14%Parks, recreation and libraries8.2%Roads, transit and parking8.0%All other spending2.8%

What stands out

43%

of Laramie's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
43%$34.4 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$20.0 million
  • Sewer systems$8.2 million
  • Garbage and solid waste$6.2 million
Police, fire, courts and jails
24%$18.8 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$9.2 million
  • Fire protection$8.1 million
  • Courts and legal services$1.0 million
  • Inspections and regulation$502 thousand
Running the government and other costs
14%$11.3 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 3 more
  • Central staff services (personnel, purchasing, technology)$5.4 million
  • Other and not broken out$2.9 million
  • Government buildings$1.4 million
  • Finance, tax collection and budgeting$1.4 million
  • Other government-run businesses$326 thousand
Parks, recreation and libraries
8.2%$6.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$6.5 million
Roads, transit and parking
8.0%$6.3 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$6.3 million
Health and hospitals
1.5%$1.2 million
What's in health and hospitalsPublic health
  • Public health$1.2 million
Housing and community development
0.7%$552 thousand
Interest on debt
0.6%$478 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$329 thousand
  • Interest on water supply debt$149 thousand
Sources and moreWhere these numbers come from and what they cover

City of Laramie. 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 Laramie 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.