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Government budget and revenue in Parma, Ohio: official figures

Parma's city government took in $105.06 million in total revenue in the fiscal year ended 31 December 2023, or $1,324 for each of its 79,358 residents (2024 figure in the finance file).

City government revenue per resident
$1,324
2024
City government spending per resident
$1,214
2024
City long-term debt per resident
$0
2024

How much does Parma spend and on what?

It spent $96.34 million in the same year, $1,214 per resident. The largest identified functions were police (21.9%), fire protection (17.5%) and courts (8.4%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Parma collect per resident?

Taxes raised $77.76 million ($980 per resident) in the fiscal year ended 31 December 2023, 74.0% 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 Parma rely on?

Of Parma's tax revenue in the fiscal year ended 31 December 2023, property tax made up 15.9%, individual income tax 71.8%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%.

Source: U.S. Census Bureau · saved copy

How much federal and state money does Parma get?

Payments from other governments made up 10.3% of Parma's city government's general revenue in the fiscal year ended 31 December 2023: 0.5% from the federal government ($7 per resident), 9.8% 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 Parma raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $4.47 million, 4.3% of general revenue (all US city governments in 2022: 20.0%).

Source: U.S. Census Bureau · saved copy

How much does Parma spend on police?

Parma's city government spent $21.12 million on police in the fiscal year ended 31 December 2023, $266 per resident and 21.9% 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 Parma spend on fire protection?

Fire protection cost $16.86 million, $212 per resident, in the fiscal year ended 31 December 2023.

Source: U.S. Census Bureau · saved copy

How much does Parma pay in interest on its debt?

Interest on debt cost $613,000 in the fiscal year ended 31 December 2023, 0.6% of total spending.

Source: U.S. Census Bureau · saved copy

Are the Parma budget figures reported or estimated?

Parma did not report most of its 2024 figures: the Census Bureau imputed 100% of the revenue dollars in its record, so these amounts are estimates and are left out of the city rankings.

Source: U.S. Census Bureau · saved copy

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Sources

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