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Government budget and revenue in Palm Bay, Florida: official figures

Palm Bay's city government took in $236.45 million in total revenue in the fiscal year ended 30 September 2023, or $1,830 for each of its 129,234 residents (2024 figure in the finance file); per resident that is the 71st lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.

City government revenue per resident
$1,830
2024
City government spending per resident
$1,507
2024
City long-term debt per resident
$1,969
2024

How much does Palm Bay spend and on what?

It spent $194.73 million in the same year, $1,507 per resident, the 43rd lowest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were roads and highways (26.8%), police (14.5%) and fire protection (10.2%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Palm Bay collect per resident?

Taxes raised $93.08 million ($720 per resident, the 87th lowest of 582) in the fiscal year ended 30 September 2023, 43.5% 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 Palm Bay rely on?

Of Palm Bay's tax revenue in the fiscal year ended 30 September 2023, property tax made up 60.3%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 21.0%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Palm Bay's property tax share is the 245th highest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.

Source: U.S. Census Bureau · saved copy

How much federal and state money does Palm Bay get?

Payments from other governments made up 10.9% of Palm Bay's city government's general revenue in the fiscal year ended 30 September 2023: 2.2% from the federal government ($37 per resident), 5.1% from the state and 3.6% 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 Palm Bay raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $47.81 million, 22.3% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $22.37 million.

Source: U.S. Census Bureau · saved copy

How much does Palm Bay spend on police?

Palm Bay's city government spent $28.19 million on police in the fiscal year ended 30 September 2023, $218 per resident (the 60th lowest of 582) and 14.5% 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 Palm Bay spend on fire protection?

Fire protection cost $19.94 million, $154 per resident, in the fiscal year ended 30 September 2023.

Source: U.S. Census Bureau · saved copy

How much debt does Palm Bay have?

At the end of the fiscal year ended 30 September 2023, Palm Bay's city government owed $254.51 million in long-term debt, $1,969 per resident (the 257th lowest of 582). During the year it issued $53.24 million of new long-term debt and repaid $5.96 million.

Source: U.S. Census Bureau · saved copy

How much does Palm Bay pay in interest on its debt?

Interest on debt cost $7.15 million in the fiscal year ended 30 September 2023, 3.7% of total spending.

Source: U.S. Census Bureau · saved copy

How has the Palm Bay city budget changed?

Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 15.5% from $1,584 to $1,830, spending per resident rose 18.1% to $1,507, taxes per resident rose 20.5% to $720.

Source: U.S. Census Bureau · saved copy

How Palm Bay 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))

Palm Bay ranks 619 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
616North Charleston$1,603
617Salinas$1,594
618Bellevue$1,591
619Palm Bay$1,584
620Camarillo$1,584
621Simi Valley$1,581
622Burnsville$1,576
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))

Palm Bay ranks 656 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
653Blaine$1,282
654Doral$1,279
655Champaign$1,277
656Palm Bay$1,276
657San Bernardino$1,275
658Sandy Springs$1,265
659Wichita$1,261
Source: U.S. Census Bureau · saved copy

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

Palm Bay ranks 653 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
650Killeen$602
651Columbia$600
652Pittsburg$600
653Palm Bay$598
654Madera$598
655Sparks$597
656San Marcos$596
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))

Palm Bay ranks 682 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
679Lakewood$190
680Fishers$189
681St. George$188
682Palm Bay$187
683Lincoln$185
684O'Fallon$185
685Owensboro$182
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))

Palm Bay ranks 388 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
385Temecula$1,829
386Billings$1,829
387Santa Rosa$1,825
388Palm Bay$1,823
389Davis$1,798
390Moore$1,797
391Ankeny$1,796
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))

Palm Bay ranks 287 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
284Kissimmee58.5%
285Boca Raton58.3%
286Melbourne58.3%
287Palm Bay58.2%
288Jacksonville58.2%
289Johns Creek58.0%
290Clarksville58.0%
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))

Palm Bay ranks 499 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
496Everett13.0%
497Queen Creek12.9%
498Reading12.9%
499Palm Bay12.9%
500Bothell12.8%
501Sarasota12.8%
502Montgomery12.7%
Source: U.S. Census Bureau · saved copy

City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Palm Bay ranks 512 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.

RankCityCity government total revenue per resident, 2024
509Fremont$1,861
510Jacksonville$1,854
511Wyoming$1,832
512Palm Bay$1,830
513Allentown$1,820
514Hialeah$1,818
515Lancaster$1,816
Source: U.S. Census Bureau · saved copy

City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Palm Bay ranks 540 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.

RankCityCity government total spending per resident, 2024
537Pasadena$1,528
538Hoover$1,521
539Salinas$1,515
540Palm Bay$1,507
541Summerville$1,504
542Bakersfield$1,503
543Winston-Salem$1,497
Source: U.S. Census Bureau · saved copy

City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Palm Bay ranks 496 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.

RankCityCity taxes collected per resident, 2024
493Augusta$725
494Port St. Lucie$723
495Taylor$722
496Palm Bay$720
497Livonia$718
498Brookhaven$716
499Albany$716
Source: U.S. Census Bureau · saved copy

City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Palm Bay ranks 523 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.

RankCityCity spending on police per resident, 2024
520Carrollton$224
521Woodbury$223
522Kokomo$221
523Palm Bay$218
524Palmdale$218
525Jackson$217
526Noblesville$217
Source: U.S. Census Bureau · saved copy

City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Palm Bay ranks 326 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.

RankCityCity long-term debt outstanding per resident, end of fiscal 2024
323Gastonia$1,986
324Apex$1,978
325Eugene$1,977
326Palm Bay$1,969
327Winter Haven$1,969
328Buffalo$1,963
329Minneapolis$1,956
Source: U.S. Census Bureau · saved copy

Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Palm Bay ranks 245 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.

RankCityProperty tax as a share of city tax revenue, 2024
242North Miami60.8%
243Chicago60.6%
244Asheville60.4%
245Palm Bay60.3%
246Rocky Mount60.0%
247Tamarac59.8%
248Hoffman Estates59.4%
Source: U.S. Census Bureau · saved copy

Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Palm Bay ranks 441 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.

RankCityFederal, state and local aid as a share of city general revenue, 2024
438Frederick11.1%
439Santa Maria11.1%
440Fort Lauderdale11.0%
441Palm Bay10.9%
442Jeffersonville10.9%
443Omaha10.9%
444Coral Springs10.9%
Source: U.S. Census Bureau · saved copy

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Sources

Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.