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Research Outline
Prepared for Maddie C. | Delivered July 18, 2019
County and City Government Market
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Goals
To determine the market size of county and city government services in the US in order to evaluate the market potential.
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Early Findings
Local governments (
cities, towns, counties
and special purpose districts) in the US collected
$1.6 trillion
in revenue in 2016, the latest data available.
Property, sales and other taxes
are the biggest income generator for local governments, accounting for
41%
of the total revenue generated. Property taxes alone accounts for
29.8%
of all income, charges and miscellaneous account for
22.6%
, while sales taxes account for
7.2%
of all taxes.
Counties in 45 states collect property taxes but they only
keep a quarter
of the taxes.
Local government revenue in the US from all sources, including state government transfer averages
$5,273 per person
, however, this analysis relies on data from 2010.
The money generated from speeding ticket every year in the US is about
$6 billion
. However, another estimate puts it at between
$3.8 billion to $5.4 billion
annually.
Revenue from traffic offenses in Washington D.
C
in 2018 was
$324 million.
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