Government budget and revenue in Laredo, Texas: official figures
Laredo's city government took in $692.82 million in total revenue in the fiscal year ended 30 September 2023, or $2,704 for each of its 256,187 residents (2024 figure in the finance file); per resident that is the 259th lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.
How much does Laredo spend and on what?
It spent $622.44 million in the same year, $2,430 per resident, the 233rd lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were police (13.6%), toll highways (10.8%) and fire protection (9.7%) of the total.
Source: U.S. Census Bureau · saved copyHow much tax does Laredo collect per resident?
Taxes raised $205.36 million ($802 per resident, the 122nd lowest of 582) in the fiscal year ended 30 September 2023, 32.8% of general revenue, compared with 49.3% for all US city governments combined in 2022.
Source: U.S. Census Bureau · saved copyWhat taxes does Laredo rely on?
Of Laredo's tax revenue in the fiscal year ended 30 September 2023, property tax made up 52.1%, general sales tax 36.0%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 6.8%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Laredo's property tax share is the 265th lowest 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 Laredo get?
Payments from other governments made up 16.0% of Laredo's city government's general revenue in the fiscal year ended 30 September 2023: 9.9% from the federal government ($241 per resident), 6.0% from the state. For all US city governments in 2022 the aid share was 24.3%.
Source: U.S. Census Bureau · saved copyHow much does Laredo raise from fees and utilities?
Fees and charges for services such as sewerage, trash, parks and airports brought in $251.87 million, 40.3% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $67.30 million.
Source: U.S. Census Bureau · saved copyHow much does Laredo spend on police?
Laredo's city government spent $84.50 million on police in the fiscal year ended 30 September 2023, $330 per resident (the 243rd 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 Laredo spend on fire protection?
Fire protection cost $60.29 million, $235 per resident, in the fiscal year ended 30 September 2023.
Source: U.S. Census Bureau · saved copyHow much debt does Laredo have?
At the end of the fiscal year ended 30 September 2023, Laredo's city government owed $964.37 million in long-term debt, $3,764 per resident (the 143rd highest of 582). During the year it issued $67.93 million of new long-term debt and repaid $53.05 million.
Source: U.S. Census Bureau · saved copyHow much does Laredo pay in interest on its debt?
Interest on debt cost $33.99 million in the fiscal year ended 30 September 2023, 5.5% of total spending.
Source: U.S. Census Bureau · saved copyHow Laredo compares with other cities in the United States
City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Laredo ranks 324 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 |
|---|---|---|
| 321 | Buckeye | $2,709 |
| 322 | Stockton | $2,707 |
| 323 | Bloomington | $2,704 |
| 324 | Laredo | $2,704 |
| 325 | Meriden | $2,702 |
| 326 | Auburn | $2,698 |
| 327 | Carmel | $2,689 |
City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Laredo ranks 350 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 |
|---|---|---|
| 347 | Berwyn | $2,439 |
| 348 | Carmel | $2,432 |
| 349 | Vancouver | $2,432 |
| 350 | Laredo | $2,430 |
| 351 | Milwaukee | $2,426 |
| 352 | Mount Pleasant | $2,424 |
| 353 | Midland | $2,414 |
City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Laredo ranks 461 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 |
|---|---|---|
| 458 | St. Cloud | $809 |
| 459 | League City | $808 |
| 460 | North Port | $808 |
| 461 | Laredo | $802 |
| 462 | Rio Rancho | $801 |
| 463 | Troy | $798 |
| 464 | Racine | $794 |
City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Laredo ranks 340 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 |
|---|---|---|
| 337 | Grand Rapids | $331 |
| 338 | Burleson | $331 |
| 339 | Hialeah | $330 |
| 340 | Laredo | $330 |
| 341 | West Haven | $329 |
| 342 | Missoula | $329 |
| 343 | Rapid City | $329 |
City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Laredo ranks 143 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 |
|---|---|---|
| 140 | Sherman | $3,802 |
| 141 | Des Moines | $3,796 |
| 142 | Appleton | $3,788 |
| 143 | Laredo | $3,764 |
| 144 | Newton | $3,763 |
| 145 | Virginia Beach | $3,759 |
| 146 | Des Plaines | $3,731 |
Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Laredo ranks 316 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 |
|---|---|---|
| 313 | Albany | 52.3% |
| 314 | Valdosta | 52.2% |
| 315 | Burleson | 52.1% |
| 316 | Laredo | 52.1% |
| 317 | Lafayette | 52.1% |
| 318 | Bartlett | 52.1% |
| 319 | Fayetteville | 52.0% |
Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))
Laredo ranks 327 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 |
|---|---|---|
| 324 | Whittier | 16.1% |
| 325 | Blaine | 16.1% |
| 326 | Owensboro | 16.0% |
| 327 | Laredo | 16.0% |
| 328 | Grand Junction | 16.0% |
| 329 | Winston-Salem | 15.9% |
| 330 | Sioux Falls | 15.9% |
More on Laredo: 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…)
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