Ersys Logo Ersys Name
Alachua County – Government Finance

Picture of valves

Government finances play a pivotal role in shaping the local economy, influencing economic growth, stability, and the overall well-being of communities. The impact of government finances on the local economy can be analyzed through several key mechanisms, including public spending, taxation, debt management, and fiscal policies. These elements collectively determine the flow of resources, the level of economic activity, and the quality of life for residents.

  1. Public Spending and Investment One of the most direct ways government finances affect the local economy is through public spending. Governments allocate funds to infrastructure projects, education, healthcare, public safety, and social services. These investments create jobs, stimulate demand for goods and services, and enhance the productivity of the local workforce. For instance, building roads, bridges, and public transportation systems not only provides immediate employment opportunities but also improves connectivity, reducing transportation costs for businesses and facilitating trade. Similarly, investments in education and healthcare contribute to a skilled and healthy workforce, which is essential for long-term economic growth.

  2. Taxation Policies Taxation is another critical component of government finances that impacts the local economy. Taxes fund public services and infrastructure, but they also influence the behavior of individuals and businesses. High tax rates can discourage investment and consumption, potentially stifling economic growth. Conversely, low tax rates may attract businesses and stimulate spending but can lead to budget deficits if not managed properly. Progressive taxation, where higher-income individuals pay a larger share, can reduce income inequality and increase disposable income for lower-income households, boosting local demand for goods and services.

  3. Debt Management Government borrowing and debt management also have significant implications for the local economy. When governments borrow to finance deficits or invest in long-term projects, they can stimulate economic activity in the short term. However, excessive debt can lead to higher interest rates, crowding out private investment, and increasing the risk of financial instability. Effective debt management ensures that borrowing is sustainable and that funds are used efficiently to generate economic returns.

  4. Fiscal Policies Fiscal policies, including government spending and taxation, are tools used to manage economic cycles. During economic downturns, expansionary fiscal policies, such as increased spending and tax cuts, can stimulate demand and help the economy recover. Conversely, during periods of high inflation, contractionary fiscal policies, such as reduced spending and higher taxes, can help cool down the economy. The timing and effectiveness of these policies are crucial in stabilizing the local economy and maintaining public confidence.

  5. Social and Economic Equity Government finances also play a role in promoting social and economic equity. Redistributive policies, such as social welfare programs and subsidies, can reduce poverty and inequality, leading to a more inclusive economy. By providing a safety net for vulnerable populations, governments can ensure that all residents have access to basic needs, which in turn supports overall economic stability and growth.

  6. Conclusion In summary, government finances have a profound impact on the local economy through public spending, taxation, debt management, and fiscal policies. Effective management of these financial tools can stimulate economic growth, reduce inequality, and enhance the quality of life for residents. Conversely, poor financial management can lead to economic instability, reduced investment, and social unrest. Therefore, it is essential for governments to adopt prudent fiscal policies and ensure that financial resources are allocated efficiently and equitably to support sustainable economic development.

A key indicator for comparison is how much government collects, spends and and establishes debt for each resident under its perview.

The revenue per resident at the local level is:

5,577.33

The expenses per resident at the local level is:

5,798.64

The outstanding debt per resident at the local level is:

8,778.54

 
AlachuaFloridaNational



LocalLocalLocalLocalStateState
PerContri-PerContri-PerContri-
LocalPer CentStatePer CentCapitabutionNationalPer CentCapitabutionCapitabution
Description(,000's)Per Capitato Total(,000's)Per Capitato TotalIndexIndex(,000's)Per Capitato TotalIndexIndexIndexIndex

Revenue1,599,0335,577.33100.00133,893,2065,989.76100.000.931.002,344,548,4806,947.35100.000.801.000.861.00

  General revenue1,203,4294,197.4975.26122,976,7975,501.4291.850.760.822,168,968,4006,427.0792.510.650.810.860.99

    Intergovernmental revenue452,4261,578.0428.2934,668,8311,550.9225.891.021.09808,559,1482,395.9234.490.660.820.650.75
      From Federal government144,963505.629.078,961,878400.916.691.261.35146,274,793433.446.241.171.450.921.07
      From State government307,4631,072.4119.2325,706,9531,150.0119.200.931.00662,284,3551,962.4828.250.550.680.590.68
      From local government00.000.0000.000.000.000.0000.000.000.000.000.000.00

    General revenue from own sources751,0032,619.4646.9788,307,9663,950.4965.950.660.711,360,409,2524,031.1558.020.650.810.981.14
      Taxes473,6381,652.0229.6249,372,7032,208.7136.870.750.80894,124,7052,649.4638.140.620.780.830.97
        Property346,3741,208.1321.6637,261,6561,666.9127.830.720.78627,434,2421,859.2126.760.650.810.901.04
        Sales & gross receipts103,744361.856.498,982,302401.836.710.900.97165,801,503491.307.070.740.920.820.95
          General sales48,642169.663.044,725,625211.403.530.800.86125,994,306373.355.370.450.570.570.66
          Selective sales55,102192.193.454,256,677190.423.181.011.0839,807,197117.961.701.632.031.611.87
            Motor fuel sales9,06231.610.57917,96041.070.690.770.831,892,6875.610.085.647.027.328.49
            Alcoholic beverage sales00.000.0000.000.000.000.00845,0352.500.040.000.000.000.00
            Tobacco product sales00.000.0000.000.000.000.00318,8170.940.010.000.000.000.00
            Public utilities35,548123.992.222,091,23293.551.561.331.4215,744,64746.650.672.663.312.012.33
            Other selective sales10,49236.600.661,247,48555.810.930.660.7021,006,01162.240.900.590.730.901.04
        Individual income tax00.000.0000.000.000.000.0044,730,192132.541.910.000.000.000.00
        Corporate income tax00.000.0000.000.000.000.0011,009,92732.620.470.000.000.000.00
        Motor vehicle license00.000.0000.000.000.000.002,263,6136.710.100.000.000.000.00
        Other taxes23,52082.041.473,128,745139.972.340.590.6342,885,228127.081.830.650.801.101.28

      Charges & misc general revenue277,365967.4317.3538,935,2631,741.7829.080.560.60466,284,5471,381.6919.890.700.871.261.46
        Current charges194,840679.5912.1827,685,0421,238.5020.680.550.59365,048,3361,081.7115.570.630.781.141.33
          Education30,754107.271.921,248,10555.830.931.922.0619,143,89456.730.821.892.360.981.14
            Institution of higher education25,20287.901.58677,01530.290.512.903.127,681,25722.760.333.864.811.331.54
            School lunch sales (gross)8422.940.0567,7493.030.050.971.041,566,4414.640.070.630.790.650.76
          Hospitals00.000.0010,163,688454.687.590.000.00124,953,811370.265.330.000.001.231.42
          Highways2,98310.400.19168,4797.540.131.381.4810,287,28930.480.440.340.430.250.29
          Air transportation (airports)6,20621.650.392,161,97896.721.610.220.2422,414,40266.420.960.330.411.461.69
          Parking facilities8172.850.05274,61112.280.210.230.252,924,3498.670.120.330.411.421.64
          Sea and inland port facilities00.000.00415,46118.590.310.000.004,760,82614.110.200.000.001.321.53
          Natural resources9843.430.06628,34728.110.470.120.132,531,1967.500.110.460.573.754.35
          Parks and recreation1,8426.420.12631,48128.250.470.230.249,708,20828.770.410.220.280.981.14
          Housing and comm development2,90110.120.18360,33216.120.270.630.677,308,73521.660.310.470.580.740.86
          Sewerage59,108206.173.703,972,536177.712.971.161.2568,695,647203.562.931.011.260.871.01
          Solid waste management23,05880.421.442,809,527125.692.100.640.6921,694,93864.290.931.251.561.962.27
          Other charges66,187230.864.144,850,497216.993.621.061.1470,625,041209.283.011.101.371.041.20

        Miscellaneous general revenue82,525287.845.1611,250,221503.288.400.570.61101,236,211299.984.320.961.201.681.95
          Interest earnings7,82427.290.49825,72136.940.620.740.7910,227,01630.300.440.901.121.221.41
          Special assessments37,063129.272.324,769,769213.383.560.610.6515,026,42544.530.642.903.624.795.56
          Sale of property1,4695.120.09218,0759.760.160.530.563,784,73711.210.160.460.570.871.01
          Other general revenue36,169126.162.265,436,656243.214.060.520.5672,198,033213.943.080.590.731.141.32

  Utility revenue395,6041,379.8424.7410,916,409488.358.152.833.03173,592,043514.397.402.683.340.951.10
    Water supply38,483134.232.415,761,809257.764.300.520.5680,167,107237.553.420.570.701.091.26
    Electric power316,1601,102.7519.774,701,461210.323.515.245.6378,135,733231.533.334.765.930.911.05
    Gas supply25,71489.691.61275,59312.330.217.277.817,630,12322.610.333.974.940.550.63
    Transit15,24753.180.95177,5467.940.136.707.197,659,08022.700.332.342.920.350.41

  Liquor store revenue00.000.0000.000.000.000.001,988,0375.890.080.000.000.000.00

  Insurance trust revenue00.000.0000.000.000.000.00162,8580.480.010.000.000.000.00
    Unemployment compensation00.000.0000.000.000.000.00162,8580.480.010.000.000.000.00
    Employee retirement00.000.0000.000.000.000.0000.000.000.000.000.000.00
    Workers' compensation00.000.0000.000.000.000.0000.000.000.000.000.000.00
    Other insurance trust revenue00.000.0000.000.000.000.0000.000.000.000.000.000.00

Expenditure1,662,4835,798.64100.00127,995,8955,725.95100.001.011.002,254,418,5176,680.28100.000.871.000.861.00

  Intergovernmental expenditure00.000.0000.000.000.000.0000.000.000.000.000.000.00
  Direct expenditure1,662,4835,798.64100.00127,995,8955,725.95100.001.011.002,254,418,5176,680.28100.000.871.000.861.00
    Current operation1,377,7044,805.3582.87107,643,3604,815.4784.101.000.991,887,390,8875,592.7083.720.860.990.861.00
    Capital outlay203,044708.2112.2116,244,182726.6912.690.970.96284,581,195843.2712.620.840.970.861.01
      Construction203,044708.2112.2116,244,182726.6912.690.970.96284,581,195843.2712.620.840.970.861.01
    Assistance and subsidies-330-1.15-0.02266,39411.920.21-0.10-0.102,376,9447.040.11-0.16-0.191.691.97
    Interest on debt82,065286.244.943,841,959171.873.001.671.6480,069,491237.263.551.211.390.720.85
    Insurance benefits and repayments00.000.0000.000.000.000.0039,9940.120.000.000.000.000.00
    Exhibit: salaries & wages199,496695.8312.0021,917,576980.4917.120.710.70525,546,0041,557.2923.310.450.510.630.73

  Direct expenditure by function1,662,4835,798.64100.00127,995,8955,725.95100.001.011.002,254,418,5176,680.28100.000.871.000.861.00
    Direct general expenditure1,191,3684,155.4271.66116,546,0515,213.7391.050.800.792,024,660,7925,999.4689.810.690.800.871.01
      Capital outlay104,247363.616.2714,427,571645.4211.270.560.56233,677,777692.4310.370.530.600.931.09


Education services:
      Other direct general expenditure1,087,1213,791.8265.39102,118,4804,568.3179.780.830.821,790,983,0155,307.0379.440.710.820.861.00
      Education472,3601,647.5628.4138,786,5211,735.1330.300.950.94862,837,2522,556.7538.270.640.740.680.79
          Capital outlay51,029177.993.073,465,418155.032.711.151.1389,314,081264.653.960.670.770.590.68
        Higher education104,943366.046.313,342,383149.522.612.452.4246,067,730136.512.042.683.091.101.28
          Capital outlay8,09128.220.49164,8707.380.133.833.785,394,84215.990.241.772.030.460.54
        Elementary & Secondary education367,7471,282.6822.1235,177,7441,573.6927.480.820.80814,392,5782,413.2036.120.530.610.650.76
          Capital outlay42,938149.772.583,300,548147.652.581.011.0083,919,239248.673.720.600.690.590.69
        Other education-330-1.15-0.02266,39411.920.21-0.10-0.102,376,9447.040.11-0.16-0.191.691.97
      Libraries15,12552.760.91664,69829.740.521.771.7513,625,82240.380.601.311.510.740.86


Social services and income maintenance:
      Public welfare11,71140.850.701,804,02280.701.410.510.5067,699,317200.613.000.200.230.400.47
        Other public welfare11,71140.850.701,804,02280.701.410.510.5067,699,317200.613.000.200.230.400.47
      Hospitals00.000.0011,605,342519.179.070.000.00141,312,054418.736.270.000.001.241.45
        Capital outlay00.000.00795,68935.600.620.000.006,546,84619.400.290.000.001.832.14
      Health29,258102.051.762,085,47793.291.631.091.0877,108,561228.493.420.450.510.410.48
      Social insurance administration00.000.0000.000.000.000.0035,9470.110.000.000.000.000.00
      Veterans' services00.000.0000.000.000.000.0000.000.000.000.000.000.00

Transportaion:
      Highways40,293140.542.423,907,968174.823.050.800.7982,616,882244.813.660.570.660.710.83
        Capital outlay12,63844.080.761,598,23771.501.250.620.6130,060,50189.081.330.490.570.800.94
      Air transportation (airports)9,00231.400.542,926,955130.942.290.240.2428,556,24984.621.270.370.431.551.81
      Parking facilities5401.880.03203,1239.090.160.210.202,108,1706.250.090.300.351.451.70
      Sea and inland port facilities00.000.00603,73827.010.470.000.004,034,90811.960.180.000.002.262.64

Public safety:
      Police protection93,184325.025.6110,123,200452.877.910.720.71119,298,947353.515.290.921.061.281.49
      Fire protection42,383147.832.555,353,431239.494.180.620.6164,033,823189.742.840.780.901.261.47
      Correction40,489141.222.442,167,23196.951.691.461.4432,595,24396.591.451.461.681.001.17
        Capital outlay770.270.0062,8962.810.050.100.09915,2972.710.040.100.111.041.21
      Protective inspection & regulation7,47126.060.45880,96139.410.690.660.657,062,87020.930.311.251.431.882.20

Environment and housing:
      Natural resources33,561117.062.024,406,951197.153.440.590.5913,342,66139.540.592.963.414.995.82
        Capital outlay4,70016.390.282,049,92891.701.600.180.184,485,96313.290.201.231.426.908.05
      Parks and recreation22,97480.131.383,607,795161.402.820.500.4943,717,263129.541.940.620.711.251.45
        Capital outlay4,59016.010.28812,78736.360.640.440.4310,096,60129.920.450.540.621.221.42
      Housing and comm development46,314161.542.792,703,049120.922.111.341.3258,336,344172.862.590.931.080.700.82
      Sewerage38,601134.642.324,984,082222.963.890.600.6068,504,527202.993.040.660.761.101.28
        Capital outlay00.000.00947,78942.400.740.000.0023,319,98269.101.030.000.000.610.72
      Solid waste management33,271116.052.002,917,625130.522.280.890.8828,653,83084.911.271.371.571.541.79
        Capital outlay00.000.00102,4414.580.080.000.001,863,1165.520.080.000.000.830.97

Governmental administration:
      Financial administration54,062188.573.253,956,298176.993.091.071.0523,707,42470.251.052.683.092.522.94
      Judicial and legal20,41171.191.231,110,03249.660.871.431.4227,887,73782.641.240.860.990.600.70
      General public buildings5,75720.080.35250,50611.210.201.791.7713,643,40540.430.610.500.570.280.32
      Other governmental administration11,97941.780.721,291,72457.791.010.720.7137,267,357110.431.650.380.440.520.61
      Interest on general debt24,06383.931.452,906,868130.042.270.650.6466,807,524197.962.960.420.490.660.77

General expenditures, n.e.c.:
      Misc commercial activities00.000.00810.000.000.000.002,707,8798.020.120.000.000.000.00
      Other and unallocable138,559483.298.337,298,373326.505.701.481.46137,158,796406.436.081.191.370.800.94

Utility expenditures:
    Utility expenditure471,1151,643.2228.3411,449,844512.218.953.213.17228,078,201675.8410.122.432.800.760.88
        Capital outlay98,797344.605.941,816,61181.271.424.244.1950,897,505150.822.262.282.630.540.63
      Water supply37,033129.172.234,539,914203.093.550.640.6382,479,587244.403.660.530.610.830.97
      Electric power402,2221,402.9324.194,540,547203.123.556.916.8273,696,368218.383.276.427.400.931.09
      Gas supply23,20480.931.40235,37210.530.187.697.597,182,24421.280.323.804.380.490.58
      Transit8,65630.190.522,134,01195.471.670.320.3164,720,002191.782.870.160.180.500.58

Liquor store expenditures:
    Liquor store expenditure00.000.0000.000.000.000.001,679,5244.980.070.000.000.000.00

Insurance trust expenditures:
    Insurance trust expenditure00.000.0000.000.000.000.0039,9940.120.000.000.000.000.00
      Unemployment compensation00.000.0000.000.000.000.0039,9940.120.000.000.000.000.00
      Employee retirement00.000.0000.000.000.000.0000.000.000.000.000.000.00
      Workers' compensation00.000.0000.000.000.000.0000.000.000.000.000.000.00
      Other insurance trust00.000.0000.000.000.000.0000.000.000.000.000.000.00

Debt outstanding2,516,8258,778.54100.00104,523,0594,675.88100.001.881.002,042,775,1706,053.14100.001.451.000.771.00

  Short-term debt outstanding00.000.00165,9597.420.160.000.0028,356,92884.031.390.000.000.090.11
  Long-term debt outstanding2,516,8258,778.54100.00104,357,1004,668.4699.841.881.002,014,418,2425,969.1198.611.471.010.781.01

Long-term debt issued57,569NANA11,343,984NANANANA264,717,314NANANANANANA
Long-term debt retired141,356NANA10,382,574NANANANA218,916,559NANANANANANA


Sources: STI: PopStats and STI: Colossus