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Government budget and revenue in Paramount, California: official figures

Paramount's city government took in $67.88 million in total revenue in the fiscal year ended 30 June 2022, or $1,280 for each of its 53,018 residents (2022 figure in the finance file); per resident that is the 49th lowest of 731 US cities of 50,000 or more with reported figures in the 2022 Census of Governments.

City government revenue per resident
$1,280
2022
City government spending per resident
$1,567
2022
City long-term debt per resident
$523
2022

How much does Paramount spend and on what?

It spent $83.10 million in the same year, $1,567 per resident, the 155th lowest of 731 US cities of 50,000 or more with reported figures in the 2022 Census of Governments. The largest identified functions were roads and highways (22.0%), police (15.5%) and central administration (11.6%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Paramount collect per resident?

Taxes raised $44.26 million ($835 per resident, the 254th lowest of 731) in the fiscal year ended 30 June 2022, 74.4% 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 Paramount rely on?

Of Paramount's tax revenue in the fiscal year ended 30 June 2022, property tax made up 23.0%, general sales tax 41.9%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 14.1%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Paramount's property tax share is the 109th 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 Paramount get?

Payments from other governments made up 18.2% of Paramount's city government's general revenue in the fiscal year ended 30 June 2022: 9.8% from the federal government ($110 per resident), 8.0% 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 Paramount raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $1.09 million, 1.8% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $8.42 million.

Source: U.S. Census Bureau · saved copy

How much does Paramount spend on police?

Paramount's city government spent $12.84 million on police in the fiscal year ended 30 June 2022, $242 per resident (the 172nd lowest of 731) and 15.5% 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 debt does Paramount have?

At the end of the fiscal year ended 30 June 2022, Paramount's city government owed $27.75 million in long-term debt, $523 per resident (the 90th lowest of 731). During the year it issued $17.36 million of new long-term debt and repaid $430,000.

Source: U.S. Census Bureau · saved copy

How much does Paramount pay in interest on its debt?

Interest on debt cost $318,000 in the fiscal year ended 30 June 2022, 0.4% of total spending.

Source: U.S. Census Bureau · saved copy

What is the latest budget data for Paramount?

Paramount is not in the Census Bureau's 2024 sample of local governments, so its latest full figures are from the 2022 Census of Governments, which covers every government.

Source: U.S. Census Bureau · saved copy

How Paramount 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))

Paramount ranks 683 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
680Yorba Linda$1,295
681Fishers$1,294
682Hemet$1,286
683Paramount$1,280
684Westminster$1,266
685Menifee$1,263
686Elk Grove$1,258
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))

Paramount ranks 577 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
574Fremont$1,572
575Buena Park$1,569
576Port St. Lucie$1,568
577Paramount$1,567
578Bakersfield$1,566
579El Monte$1,564
580Carrollton$1,560
Source: U.S. Census Bureau · saved copy

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

Paramount ranks 478 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
475Marysville$835
476Conway$835
477Lansing$835
478Paramount$835
479Farmington Hills$835
480Lake Forest$833
481Tucson$829
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))

Paramount ranks 560 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
557Chula Vista$244
558Norman$243
559Lake Elsinore$243
560Paramount$242
561Oklahoma City$242
562Midland$241
563Hampton$240
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))

Paramount ranks 642 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
639Upland$547
640Hialeah$546
641Bowie$527
642Paramount$523
643Boise City$517
644Fulshear$517
645Moreno Valley$507
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))

Paramount ranks 622 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
619Pittsburg23.4%
620Pico Rivera23.4%
621Rancho Cordova23.1%
622Paramount23.0%
623Riverside23.0%
624Ontario22.9%
625Indio22.8%
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))

Paramount ranks 353 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
350Ames18.2%
351La Habra18.2%
352Ankeny18.2%
353Paramount18.2%
354San Rafael17.8%
355Santa Cruz17.8%
356Santa Rosa17.8%
Source: U.S. Census Bureau · saved copy

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Sources

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