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Government budget and revenue in Loveland, Colorado: official figures

Loveland's city government took in $356.90 million in total revenue in the fiscal year ended 31 December 2021, or $4,273 for each of its 83,517 residents (2022 figure in the finance file); per resident that is the 119th highest of 731 US cities of 50,000 or more with reported figures in the 2022 Census of Governments.

City government revenue per resident
$4,273
2022
City government spending per resident
$5,321
2022
City long-term debt per resident
$2,376
2022

How much does Loveland spend and on what?

It spent $444.44 million in the same year, $5,321 per resident, the 76th highest of 731 US cities of 50,000 or more with reported figures in the 2022 Census of Governments. The largest identified functions were the water utility (20.6%), the electric utility (15.8%) and other commercial activities (6.6%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Loveland collect per resident?

Taxes raised $109.14 million ($1,307 per resident, the 192nd highest of 731) in the fiscal year ended 31 December 2021, 44.5% of general revenue, compared with 49.3% for all US city governments combined in 2022.

Source: U.S. Census Bureau · saved copy

What taxes does Loveland rely on?

Of Loveland's tax revenue in the fiscal year ended 31 December 2021, property tax made up 28.3%, general sales tax 60.8%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 4.7%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Loveland's property tax share is the 160th lowest of 730 US cities of 50,000 or more with reported figures in the 2022 Census of Governments.

Source: U.S. Census Bureau · saved copy

How much federal and state money does Loveland get?

Payments from other governments made up 26.4% of Loveland's city government's general revenue in the fiscal year ended 31 December 2021: 4.6% from the federal government ($134 per resident), 1.7% from the state and 20.1% from other local governments. For all US city governments in 2022 the aid share was 24.3%.

Source: U.S. Census Bureau · saved copy

How much does Loveland raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $42.48 million, 17.3% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $111.90 million.

Source: U.S. Census Bureau · saved copy

How much does Loveland spend on police?

Loveland's city government spent $26.64 million on police in the fiscal year ended 31 December 2021, $319 per resident (the 356th highest of 731) and 6.0% of its total spending; police took 10.3% of spending across all US city governments in 2022.

Source: U.S. Census Bureau · saved copy

How much does Loveland spend on fire protection?

Fire protection cost $26.40 million, $316 per resident, in the fiscal year ended 31 December 2021.

Source: U.S. Census Bureau · saved copy

How much debt does Loveland have?

At the end of the fiscal year ended 31 December 2021, Loveland's city government owed $198.43 million in long-term debt, $2,376 per resident (the 299th highest of 731). During the year it issued $62.30 million of new long-term debt and repaid $10.17 million.

Source: U.S. Census Bureau · saved copy

How much does Loveland pay in interest on its debt?

Interest on debt cost $13.57 million in the fiscal year ended 31 December 2021, 3.1% of total spending.

Source: U.S. Census Bureau · saved copy

What is the latest budget data for Loveland?

The Census Bureau imputed 100% of the revenue dollars in Loveland's 2024 record, so these facts use the 2022 Census of Governments, for which the city reported its figures.

Source: U.S. Census Bureau · saved copy

How Loveland 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))

Loveland 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.

RankCityCity government total revenue per resident, 2022
116Columbia$4,333
117Broomfield$4,332
118Rochester$4,323
119Loveland$4,273
120Duluth$4,270
121West New York$4,254
122Lynchburg$4,233
Source: U.S. Census Bureau · saved copy

City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Loveland ranks 76 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.

RankCityCity government total spending per resident, 2022
73Portsmouth$5,391
74New Orleans$5,344
75Lynn$5,341
76Loveland$5,321
77Portland$5,306
78Weymouth Town$5,271
79Sunnyvale$5,254
Source: U.S. Census Bureau · saved copy

City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Loveland ranks 192 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.

RankCityCity taxes collected per resident, 2022
189Hollywood$1,312
190Buckeye$1,310
191Shreveport$1,307
192Loveland$1,307
193Bowling Green$1,302
194Santa Clara$1,300
195Council Bluffs$1,295
Source: U.S. Census Bureau · saved copy

City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Loveland 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.

RankCityCity spending on police per resident, 2022
353Merced$320
354Council Bluffs$320
355Mobile$319
356Loveland$319
357Marana$319
358Sanford$318
359Murrieta$318
Source: U.S. Census Bureau · saved copy

City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Loveland ranks 299 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.

RankCityCity long-term debt outstanding per resident, end of fiscal 2022
296Bowling Green$2,397
297Columbia$2,384
298Reading$2,382
299Loveland$2,376
300Hoboken$2,374
301Grand Junction$2,369
302Albuquerque$2,365
Source: U.S. Census Bureau · saved copy

Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Loveland ranks 571 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.

RankCityProperty tax as a share of city tax revenue, 2022
568Cupertino28.4%
569Lakewood28.4%
570Boulder28.3%
571Loveland28.3%
572Denver28.1%
573Norwalk27.9%
574Sandy27.9%
Source: U.S. Census Bureau · saved copy

Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Loveland ranks 208 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.

RankCityFederal, state and local aid as a share of city general revenue, 2022
205Anderson26.6%
206Union City26.6%
207Madison26.4%
208Loveland26.4%
209Evanston26.4%
210Fresno26.4%
211Cambridge26.3%
Source: U.S. Census Bureau · saved copy

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Sources

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