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Government budget and revenue in Palo Alto, California: official figures

Palo Alto's city government took in $725.08 million in total revenue in the fiscal year ended 30 June 2024, or $10,984 for each of its 66,010 residents (2024 figure in the finance file); per resident that is the 9th highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.

City government revenue per resident
$10,984
2024
City government spending per resident
$13,262
2024
City long-term debt per resident
$7,266
2024

How much does Palo Alto spend and on what?

It spent $875.41 million in the same year, $13,262 per resident, the 5th highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were the electric utility (17.0%), sewerage (16.4%) and the water utility (6.5%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Palo Alto collect per resident?

Taxes raised $179.28 million ($2,716 per resident, the 31st highest of 582) in the fiscal year ended 30 June 2024, 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 Palo Alto rely on?

Of Palo Alto's tax revenue in the fiscal year ended 30 June 2024, property tax made up 39.3%, general sales tax 20.9%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 26.1%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Palo Alto's property tax share is the 184th lowest 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 Palo Alto get?

Payments from other governments made up 3.3% of Palo Alto's city government's general revenue in the fiscal year ended 30 June 2024: 2.0% from the federal government ($120 per resident), 1.4% from the state. For all US city governments in 2022 the aid share was 24.3%.

Source: U.S. Census Bureau · saved copy

How much does Palo Alto raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $159.09 million, 39.5% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $322.61 million.

Source: U.S. Census Bureau · saved copy

How much does Palo Alto spend on police?

Palo Alto's city government spent $56.18 million on police in the fiscal year ended 30 June 2024, $851 per resident (the 13th highest of 582) and 6.4% 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 Palo Alto spend on fire protection?

Fire protection cost $49.27 million, $746 per resident, in the fiscal year ended 30 June 2024.

Source: U.S. Census Bureau · saved copy

How much debt does Palo Alto have?

At the end of the fiscal year ended 30 June 2024, Palo Alto's city government owed $479.63 million in long-term debt, $7,266 per resident (the 35th highest of 582). During the year it issued no new long-term debt and repaid $25.32 million.

Source: U.S. Census Bureau · saved copy

How much does Palo Alto pay in interest on its debt?

Interest on debt cost $15.91 million in the fiscal year ended 30 June 2024, 1.8% of total spending.

Source: U.S. Census Bureau · saved copy

How has the Palo Alto city budget changed?

Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 30.7% from $8,404 to $10,984, spending per resident rose 11.4% to $13,262, taxes per resident rose 20.9% to $2,716.

Source: U.S. Census Bureau · saved copy

How Palo Alto 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))

Palo Alto ranks 9 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
6Santa Clara$9,717
7Santa Monica$8,672
8Miami Beach$8,559
9Palo Alto$8,404
10Chattanooga$8,241
11Flint$8,179
12Nashville$8,119
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))

Palo Alto ranks 6 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
3New York$17,135
4Cambridge$13,664
5Gulfport$12,087
6Palo Alto$11,900
7Santa Clara$10,842
8Santa Monica$10,440
9Miami Beach$9,731
Source: U.S. Census Bureau · saved copy

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

Palo Alto ranks 55 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
52Medford$2,304
53Norfolk$2,266
54Chicago$2,250
55Palo Alto$2,247
56Roanoke$2,245
57Taunton$2,232
58Urban Honolulu$2,223
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))

Palo Alto ranks 22 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
19White Plains$701
20Fort Lauderdale$699
21Berkeley$698
22Palo Alto$681
23South San Francisco$679
24Baton Rouge$673
25Orlando$662
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))

Palo Alto ranks 51 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
48Evansville$6,698
49Columbia$6,660
50Santa Monica$6,558
51Palo Alto$6,427
52Conroe$6,372
53Montebello$6,371
54New Braunfels$6,368
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))

Palo Alto ranks 428 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
425Apopka42.5%
426Bismarck42.3%
427Alameda42.2%
428Palo Alto42.2%
429San Diego41.9%
430Fremont41.9%
431Tallahassee41.8%
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))

Palo Alto ranks 666 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
663Little Elm7.1%
664Conway7.0%
665Sunrise7.0%
666Palo Alto6.9%
667Richmond6.8%
668Fontana6.8%
669Holly Springs6.8%
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))

Palo Alto ranks 9 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
6Santa Clara$11,999
7Miami Beach$11,537
8Flint$11,308
9Palo Alto$10,984
10Santa Monica$10,109
11Boston$9,533
12Richmond$8,799
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))

Palo Alto ranks 5 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
2San Francisco$27,288
3New York$18,485
4Cambridge$17,034
5Palo Alto$13,262
6Santa Clara$12,680
7Gulfport$12,337
8Santa Monica$12,333
Source: U.S. Census Bureau · saved copy

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

Palo Alto ranks 31 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
28Birmingham$2,814
29Suffolk$2,789
30Nashua$2,777
31Palo Alto$2,716
32Chesapeake$2,694
33Hartford$2,681
34Norfolk$2,654
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))

Palo Alto ranks 13 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
10Los Angeles$888
11Scottsdale$885
12Baltimore$867
13Palo Alto$851
14Boston$847
15Fort Myers$840
16Chicago$840
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))

Palo Alto ranks 35 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
32New Brunswick$7,831
33Baltimore$7,397
34Norfolk$7,325
35Palo Alto$7,266
36Conroe$7,235
37Evansville$7,134
38Fargo$7,117
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))

Palo Alto ranks 397 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
394Columbia39.8%
395Peoria39.5%
396Olathe39.5%
397Palo Alto39.3%
398Eagle Mountain39.0%
399Redlands38.8%
400North Port38.4%
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))

Palo Alto ranks 570 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
567Rock Hill3.6%
568Rowlett3.6%
569Baytown3.4%
570Palo Alto3.3%
571Huntsville3.0%
572Euless2.9%
573College Station2.9%
Source: U.S. Census Bureau · saved copy

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Sources

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