Government budget and revenue in Kokomo, Indiana: official figures
Kokomo's city government took in $104.08 million in total revenue in the fiscal year ended 31 December 2023, or $1,744 for each of its 59,671 residents (2024 figure in the finance file); per resident that is the 52nd lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Kokomo spend and on what?
It spent $97.28 million in the same year, $1,630 per resident, the 61st lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were sewerage (36.7%), police (13.6%) and fire protection (11.4%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Kokomo collect per resident?
Taxes raised $53.24 million ($892 per resident, the 181st lowest of 582) in the fiscal year ended 31 December 2023, 51.1% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Kokomo rely on?
Of Kokomo's tax revenue in the fiscal year ended 31 December 2023, property tax made up 99.0%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Kokomo's property tax share is the 8th 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 Kokomo get?
Payments from other governments made up 25.8% of Kokomo's city government's general revenue in the fiscal year ended 31 December 2023: 3.9% from the federal government ($68 per resident), 21.0% from the state and 0.9% 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 Kokomo raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $16.59 million, 15.9% of general revenue (all US city governments in 2022: 20.0%).
Source: U.S. Census Bureau · saved copyHow much does Kokomo spend on police?
Kokomo's city government spent $13.21 million on police in the fiscal year ended 31 December 2023, $221 per resident (the 61st lowest of 582) and 13.6% 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 Kokomo spend on fire protection?
Fire protection cost $11.11 million, $186 per resident, in the fiscal year ended 31 December 2023.
Source: U.S. Census Bureau · saved copyHow much debt does Kokomo have?
At the end of the fiscal year ended 31 December 2023, Kokomo's city government owed $118.73 million in long-term debt, $1,990 per resident (the 261st lowest of 582). During the year it issued $3.07 million of new long-term debt and repaid $3.00 million.
Source: U.S. Census Bureau · saved copyHow much does Kokomo pay in interest on its debt?
Interest on debt cost $3.23 million in the fiscal year ended 31 December 2023, 3.3% of total spending.
Source: U.S. Census Bureau · saved copyHow has the Kokomo city budget changed?
Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident fell 9.9% from $1,936 to $1,744, spending per resident rose 18.7% to $1,630, taxes per resident fell 0.9% to $892.
Source: U.S. Census Bureau · saved copyHow Kokomo 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))
Kokomo ranks 505 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 |
|---|---|---|
| 502 | Rancho Cordova | $1,943 |
| 503 | San Clemente | $1,940 |
| 504 | Terre Haute | $1,939 |
| 505 | Kokomo | $1,936 |
| 506 | Merced | $1,932 |
| 507 | Bozeman | $1,932 |
| 508 | McKinney | $1,931 |
City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Kokomo ranks 635 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 |
|---|---|---|
| 632 | Kannapolis | $1,394 |
| 633 | Eagan | $1,384 |
| 634 | Port Orange | $1,381 |
| 635 | Kokomo | $1,374 |
| 636 | Camarillo | $1,364 |
| 637 | Tigard | $1,358 |
| 638 | Upland | $1,358 |
City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Kokomo ranks 422 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 |
|---|---|---|
| 419 | Lubbock | $906 |
| 420 | Rio Rancho | $903 |
| 421 | Whittier | $902 |
| 422 | Kokomo | $900 |
| 423 | Sunrise | $900 |
| 424 | Rogers | $900 |
| 425 | Fort Smith | $899 |
City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Kokomo ranks 522 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 |
|---|---|---|
| 519 | Rapid City | $258 |
| 520 | Logan | $257 |
| 521 | Virginia Beach | $257 |
| 522 | Kokomo | $256 |
| 523 | Columbus | $256 |
| 524 | St. Peters | $255 |
| 525 | Albany | $254 |
City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Kokomo ranks 558 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 |
|---|---|---|
| 555 | Pasadena | $944 |
| 556 | Manteca | $943 |
| 557 | Paterson | $940 |
| 558 | Kokomo | $937 |
| 559 | Rapid City | $935 |
| 560 | Clifton | $928 |
| 561 | Durham | $920 |
Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Kokomo ranks 8 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 |
|---|---|---|
| 5 | Passaic | 99.8% |
| 6 | New Brunswick | 99.4% |
| 7 | Bayonne | 99.3% |
| 8 | Kokomo | 99.1% |
| 9 | Pawtucket | 99.1% |
| 10 | Mishawaka | 99.1% |
| 11 | Trenton | 99.1% |
Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))
Kokomo ranks 78 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 |
|---|---|---|
| 75 | Norfolk | 39.0% |
| 76 | Taunton | 38.9% |
| 77 | North Las Vegas | 38.8% |
| 78 | Kokomo | 38.8% |
| 79 | Millcreek | 38.7% |
| 80 | Anchorage | 38.4% |
| 81 | Kentwood | 38.4% |
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Kokomo ranks 531 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 |
|---|---|---|
| 528 | Novi | $1,772 |
| 529 | Hanford | $1,768 |
| 530 | Bakersfield | $1,752 |
| 531 | Kokomo | $1,744 |
| 532 | Muncie | $1,714 |
| 533 | Lincoln | $1,714 |
| 534 | Westfield | $1,711 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Kokomo ranks 522 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 |
|---|---|---|
| 519 | Lorain | $1,642 |
| 520 | Great Falls | $1,641 |
| 521 | Chico | $1,637 |
| 522 | Kokomo | $1,630 |
| 523 | Apple Valley | $1,627 |
| 524 | South Gate | $1,623 |
| 525 | Fort Wayne | $1,618 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Kokomo ranks 402 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 |
|---|---|---|
| 399 | Farmington Hills | $902 |
| 400 | Erie | $901 |
| 401 | Wellington | $897 |
| 402 | Kokomo | $892 |
| 403 | Thousand Oaks | $891 |
| 404 | Mount Prospect | $889 |
| 405 | Colton | $887 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Kokomo ranks 522 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 |
|---|---|---|
| 519 | Jonesboro | $226 |
| 520 | Carrollton | $224 |
| 521 | Woodbury | $223 |
| 522 | Kokomo | $221 |
| 523 | Palm Bay | $218 |
| 524 | Palmdale | $218 |
| 525 | Jackson | $217 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Kokomo ranks 322 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 |
|---|---|---|
| 319 | Hoover | $2,006 |
| 320 | Colton | $2,002 |
| 321 | Mobile | $2,000 |
| 322 | Kokomo | $1,990 |
| 323 | Gastonia | $1,986 |
| 324 | Apex | $1,978 |
| 325 | Eugene | $1,977 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Kokomo ranks 8 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 |
|---|---|---|
| 5 | Plainfield | 99.9% |
| 6 | New Brunswick | 99.8% |
| 7 | Perth Amboy | 99.4% |
| 8 | Kokomo | 99.0% |
| 9 | Pawtucket | 99.0% |
| 10 | Elkhart | 98.8% |
| 11 | Bayonne | 98.7% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Kokomo ranks 184 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 |
|---|---|---|
| 181 | Gainesville | 25.9% |
| 182 | Nashua | 25.9% |
| 183 | Smyrna | 25.8% |
| 184 | Kokomo | 25.8% |
| 185 | New York | 25.8% |
| 186 | Harlingen | 25.7% |
| 187 | Grand Rapids | 25.7% |
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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.