Government budget and revenue in Cape Coral, Florida: official figures
Cape Coral's city government took in $621.64 million in total revenue in the fiscal year ended 30 September 2023, or $2,865 for each of its 216,992 residents (2024 figure in the finance file); per resident that is the 282nd highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Cape Coral spend and on what?
It spent $545.71 million in the same year, $2,515 per resident, the 254th lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were sewerage (15.8%), financial administration (12.5%) and the water utility (12.2%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Cape Coral collect per resident?
Taxes raised $180.44 million ($832 per resident, the 138th lowest of 582) in the fiscal year ended 30 September 2023, 31.0% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Cape Coral rely on?
Of Cape Coral's tax revenue in the fiscal year ended 30 September 2023, property tax made up 67.3%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 19.6%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Cape Coral's property tax share is the 195th highest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.
Source: U.S. Census Bureau · saved copyHow much federal and state money does Cape Coral get?
Payments from other governments made up 20.2% of Cape Coral's city government's general revenue in the fiscal year ended 30 September 2023: 5.6% from the federal government ($149 per resident), 12.8% from the state and 1.9% from other local governments. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Cape Coral raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $128.19 million, 22.0% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $39.34 million.
Source: U.S. Census Bureau · saved copyHow much does Cape Coral spend on police?
Cape Coral's city government spent $64.92 million on police in the fiscal year ended 30 September 2023, $299 per resident (the 183rd lowest of 582) and 11.9% of its total spending; police took 10.3% of spending across all US city governments in 2022.
Source: U.S. Census Bureau · saved copyHow much does Cape Coral spend on fire protection?
Fire protection cost $56.11 million, $259 per resident, in the fiscal year ended 30 September 2023.
Source: U.S. Census Bureau · saved copyDoes Cape Coral city government run the schools?
Cape Coral's city government also pays for public schools: elementary and secondary education took $30.39 million, 5.6% of its spending in the fiscal year ended 30 September 2023, which in most US cities is spent by a separate school district instead.
Source: U.S. Census Bureau · saved copyHow much debt does Cape Coral have?
At the end of the fiscal year ended 30 September 2023, Cape Coral's city government owed $752.64 million in long-term debt, $3,469 per resident (the 165th highest of 582). During the year it issued $8.00 million of new long-term debt and repaid $63.33 million.
Source: U.S. Census Bureau · saved copyHow much does Cape Coral pay in interest on its debt?
Interest on debt cost $25.53 million in the fiscal year ended 30 September 2023, 4.7% of total spending.
Source: U.S. Census Bureau · saved copyHow has the Cape Coral city budget changed?
Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 16.0% from $2,470 to $2,865, spending per resident rose 12.1% to $2,515, taxes per resident rose 8.7% to $832.
Source: U.S. Census Bureau · saved copyHow Cape Coral compares with other cities in the United States
City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Cape Coral ranks 337 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2022 |
|---|---|---|
| 334 | Vancouver | $2,483 |
| 335 | Minneapolis | $2,478 |
| 336 | Santa Rosa | $2,473 |
| 337 | Cape Coral | $2,470 |
| 338 | Hoffman Estates | $2,461 |
| 339 | Edina | $2,448 |
| 340 | Frederick | $2,446 |
City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Cape Coral ranks 356 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2022 |
|---|---|---|
| 353 | Oceanside | $2,248 |
| 354 | Bismarck | $2,248 |
| 355 | Columbus | $2,245 |
| 356 | Cape Coral | $2,243 |
| 357 | Taylor | $2,242 |
| 358 | Raleigh | $2,236 |
| 359 | Escondido | $2,236 |
City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Cape Coral ranks 545 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2022 |
|---|---|---|
| 542 | Appleton | $769 |
| 543 | Santa Clarita | $769 |
| 544 | Lincoln | $768 |
| 545 | Cape Coral | $765 |
| 546 | Lafayette | $765 |
| 547 | Novi | $763 |
| 548 | Lakewood | $762 |
City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Cape Coral ranks 567 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2022 |
|---|---|---|
| 564 | Chicopee | $240 |
| 565 | Kannapolis | $238 |
| 566 | Weymouth Town | $238 |
| 567 | Cape Coral | $237 |
| 568 | Thousand Oaks | $237 |
| 569 | Gulfport | $236 |
| 570 | Burleson | $236 |
City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Cape Coral ranks 119 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2022 |
|---|---|---|
| 116 | Nashua | $4,341 |
| 117 | Kingsport | $4,320 |
| 118 | Cambridge | $4,299 |
| 119 | Cape Coral | $4,290 |
| 120 | Shreveport | $4,274 |
| 121 | Hammond | $4,267 |
| 122 | Detroit | $4,256 |
Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Cape Coral ranks 165 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2022 |
|---|---|---|
| 162 | Harrisonburg | 72.0% |
| 163 | Portsmouth | 71.9% |
| 164 | Newport News | 71.6% |
| 165 | Cape Coral | 71.5% |
| 166 | Athens | 71.5% |
| 167 | Macon-Bibb County | 71.3% |
| 168 | Boynton Beach | 71.3% |
Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Cape Coral ranks 360 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2022 |
|---|---|---|
| 357 | Joplin | 17.7% |
| 358 | Brookhaven | 17.7% |
| 359 | Pasco | 17.7% |
| 360 | Cape Coral | 17.6% |
| 361 | Allentown | 17.6% |
| 362 | Stockton | 17.6% |
| 363 | Bellevue | 17.6% |
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Cape Coral ranks 282 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total revenue per resident, 2024 |
|---|---|---|
| 279 | Longmont | $2,885 |
| 280 | Kalamazoo | $2,871 |
| 281 | Kirkland | $2,870 |
| 282 | Cape Coral | $2,865 |
| 283 | Southfield | $2,861 |
| 284 | Casa Grande | $2,855 |
| 285 | Oklahoma City | $2,853 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Cape Coral ranks 329 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City government total spending per resident, 2024 |
|---|---|---|
| 326 | Deerfield Beach | $2,524 |
| 327 | Apex | $2,520 |
| 328 | Amarillo | $2,518 |
| 329 | Cape Coral | $2,515 |
| 330 | Hoffman Estates | $2,513 |
| 331 | Palm Beach Gardens | $2,510 |
| 332 | Rockford | $2,507 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Cape Coral ranks 445 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City taxes collected per resident, 2024 |
|---|---|---|
| 442 | Elgin | $835 |
| 443 | Santa Ana | $834 |
| 444 | Redding | $834 |
| 445 | Cape Coral | $832 |
| 446 | Tamarac | $830 |
| 447 | Kennewick | $826 |
| 448 | Marietta | $825 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Cape Coral ranks 400 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City spending on police per resident, 2024 |
|---|---|---|
| 397 | Raleigh | $300 |
| 398 | Huntsville | $299 |
| 399 | Richardson | $299 |
| 400 | Cape Coral | $299 |
| 401 | Surprise | $298 |
| 402 | Perth Amboy | $298 |
| 403 | La Crosse | $298 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Cape Coral ranks 165 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | City long-term debt outstanding per resident, end of fiscal 2024 |
|---|---|---|
| 162 | Providence | $3,483 |
| 163 | Oakland | $3,481 |
| 164 | Clarksville | $3,469 |
| 165 | Cape Coral | $3,469 |
| 166 | Tampa | $3,448 |
| 167 | Sacramento | $3,444 |
| 168 | Gilbert | $3,417 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Cape Coral ranks 195 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Property tax as a share of city tax revenue, 2024 |
|---|---|---|
| 192 | Tallahassee | 67.5% |
| 193 | West Palm Beach | 67.4% |
| 194 | Council Bluffs | 67.3% |
| 195 | Cape Coral | 67.3% |
| 196 | Holly Springs | 67.2% |
| 197 | Norfolk | 67.1% |
| 198 | Greensboro | 67.1% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Cape Coral ranks 261 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.
| Rank | City | Federal, state and local aid as a share of city general revenue, 2024 |
|---|---|---|
| 258 | Pasco | 20.6% |
| 259 | Evansville | 20.5% |
| 260 | Akron | 20.5% |
| 261 | Cape Coral | 20.2% |
| 262 | Renton | 20.2% |
| 263 | Chicago | 20.1% |
| 264 | Cedar Rapids | 20.0% |
More on Cape Coral: overview · economy and jobs · health · education and schools · poverty and living standards · all cities in the United States
Sources
- U.S. Census Bureau: 2024 Annual Survey of State and Local Government Finances, individual unit files (item amounts for every sampled government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 0967c4d30466…)
- U.S. Census Bureau: 2022 Census of Governments: State and Local Government Finances, individual unit files (item amounts for every government, directory with population and fiscal year end, state estimates by type of government), read 23 October 2026 · saved copy (SHA-256 c8de889f6b33…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.