Florida / Fiscal data / Local government finances / Key West
Key West, municipal government
Revenues and expenditures by account code and fund type, every local fiscal year EDR has tabulated from the Annual Financial Reports filed with the Department of Financial Services.
In Monroe County: Monroe County government
Revenues, FY2024$269,050,936
Revenues, change on FY2023+17.7%
Revenues per resident, FY2024$10,220
Expenditures, FY2024$219,619,189
Expenditures, change on FY2023+17.2%
Expenditures per resident, FY2024$8,342
Population, 202426,327
Revenues and expenditures by fiscal yearMunicipal governmentFY2024: $269,050,936 revenues
Totals of every account code, including transfers between funds and the Custodial Fund from FY2021. Real figures are in dollars of the latest fiscal year with a price index; per resident uses EDR's population for each year.
Revenues by categoryMunicipal governmentFY2024: $269,050,936
One line per EDR category heading: General Government Taxes, Permits, Fees, and Special Assessments, Intergovernmental Revenues, Charges for Services, Judgments, Fines, and Forfeits, Miscellaneous Revenues, Other Sources, Taxes, Intergovernmental Revenue, Permits and Franchise Fees.
Expenditures by categoryMunicipal governmentFY2024: $219,619,189
One line per EDR category heading: General Government Services (Not Court-Related), Public Safety, Physical Environment, Transportation, Economic Environment, Human Services, Culture / Recreation, Other Uses and Non-Operating, Other Uses.
Revenues by account code
Account codes and names as the Department of Financial Services' Uniform Accounting System lists them, grouped under EDR's category headings. FY2024 beside FY2023; other years from the selector.
| Code | Account | FY2024 | FY2023 | Change |
|---|---|---|---|---|
| General Government Taxes | $37,788,955 | $34,072,614 | +10.9% | |
| 311 | Ad Valorem Taxes | $20,855,269 | $18,681,012 | +11.6% |
| 312.41 | First Local Option Fuel Tax (1 to 6 Cents Local Option Fuel Tax) | $1,044,455 | $1,133,374 | -7.8% |
| 312.43 | Second Local Option Fuel Tax (1 to 5 Cents Local Option Fuel Tax) - Municipal Proceeds | $722,827 | $771,312 | -6.3% |
| 312.63 | Local Government Infrastructure Surtax | $12,751,991 | $12,760,943 | -0.1% |
| 316 | Local Business Tax (Chapter 205, F.S.) | $2,414,413 | $725,973 | +232.6% |
| Permits, Fees, and Special Assessments | $9,161,584 | $7,751,130 | +18.2% | |
| 322 | Building Permits (Buildling Permit Fees) | $5,124,655 | $3,902,590 | +31.3% |
| 323.2 | Franchise Fee - Telecommunications | $1,306,432 | $1,519,105 | -14.0% |
| 323.9 | Franchise Fee - Other | $824,747 | $757,095 | +8.9% |
| 324.21 | Impact Fees - Residential - Physical Environment | $188,740 | $145,690 | +29.5% |
| 324.22 | Impact Fees - Commercial - Physical Environment | $263,013 | $179,324 | +46.7% |
| 329.5 | Other Fees and Special Assessments | $1,453,997 | $1,237,621 | +17.5% |
| 324.91 | Impact Fees - Residential - Other | $1,350 | ||
| 324.92 | Impact Fees - Commercial - Other | $8,355 | ||
| Intergovernmental Revenues | $36,464,288 | $42,989,885 | -15.2% | |
| 331.2 | Federal Grant - Public Safety | $290,904 | $106,415 | +173.4% |
| 331.39 | Federal Grant - Physical Environment - Other Physical Environment | $17,063 | $37,347 | -54.3% |
| 331.42 | Federal Grant - Transportation - Mass Transit | $1,185,921 | $162,335 | +630.5% |
| 331.5 | Federal Grant - Economic Environment | $9,007,839 | $7,689,335 | +17.1% |
| 331.51 | Federal Grant - American Rescue Plan Act Funds | $4,021,541 | $9,812,796 | -59.0% |
| 331.69 | Federal Grant - Human Services - Other Human Services | $593,042 | $543,345 | +9.1% |
| 331.9 | Federal Grant - Other Federal Grants | $622,246 | $1,673,866 | -62.8% |
| 334.39 | State Grant - Physical Environment - Other Physical Environment | $805,266 | ||
| 334.42 | State Grant - Transportation - Mass Transit | $945,044 | $1,158,378 | -18.4% |
| 334.9 | State Grant - Other | $1,320,424 | $343,700 | +284.2% |
| 335.125 | State Shared Revenues - General Government - Municipal Revenue Sharing Program | $5,343,391 | $8,907,808 | -40.0% |
| 335.14 | State Shared Revenues - General Government - Mobile Home License Tax | $8,248 | $7,458 | +10.6% |
| 335.15 | State Shared Revenues - General Government - Alcoholic Beverage License Tax | $143,363 | $136,318 | +5.2% |
| 335.18 | State Shared Revenues - General Government - Local Government Half-Cent Sales Tax Program | $6,350,289 | $6,512,735 | -2.5% |
| 335.21 | State Shared Revenues - Public Safety - Firefighter Supplemental Compensation | $21,390 | $25,357 | -15.6% |
| 335.45 | State Shared Revenues - Transportation - Fuel Tax Refunds and Credits | $39,880 | $45,520 | -12.4% |
| 335.7 | State Shared Revenues - Culture / Recreation | $301,422 | $309,233 | -2.5% |
| 337.4 | Grants from Other Local Units - Transportation | $435,162 | $422,306 | +3.0% |
| 337.7 | Grants from Other Local Units - Culture / Recreation | $1,158,904 | $790,500 | +46.6% |
| 337.9 | Grants from Other Local Units - Other | $1,342,360 | $1,085,825 | +23.6% |
| 338 | Shared Revenue from Other Local Units | $1,865,842 | $1,511,808 | +23.4% |
| 339 | Payments from Other Local Units in Lieu of Taxes | $644,747 | $696,924 | -7.5% |
| 331.49 | Federal Grant - Transportation - Other Transportation | $990,458 | ||
| 334.5 | State Grant - Economic Environment | $20,118 | ||
| Charges for Services | $69,997,736 | $62,569,485 | +11.9% | |
| 341.9 | General Government - Other General Government Charges and Fees | $405,197 | $318,565 | +27.2% |
| 342.1 | Public Safety - Law Enforcement Services | $18,284 | $19,860 | -7.9% |
| 342.2 | Public Safety - Fire Protection | $537,522 | $539,599 | -0.4% |
| 342.6 | Public Safety - Ambulance Fees | $1,857,068 | $1,566,999 | +18.5% |
| 342.9 | Public Safety - Other Public Safety Charges and Fees | $92,111 | $185,110 | -50.2% |
| 343.4 | Physical Environment - Garbage / Solid Waste | $12,305,493 | $11,648,679 | +5.6% |
| 343.5 | Physical Environment - Sewer / Wastewater Utility | $14,243,031 | $12,822,785 | +11.1% |
| 343.8 | Physical Environment - Cemetary | $82,520 | $118,546 | -30.4% |
| 343.9 | Physical Environment - Other Physical Environment Charges | $2,599,890 | $2,524,182 | +3.0% |
| 344.2 | Transportation - Water Ports and Terminals | $2,111,153 | $1,888,105 | +11.8% |
| 344.3 | Transportation - Mass Transit | $503,055 | $512,253 | -1.8% |
| 344.5 | Transportation - Parking Facilities | $10,876,164 | $10,941,021 | -0.6% |
| 345.1 | Economic Environment - Housing | $13,987,200 | $12,113,587 | +15.5% |
| 347.5 | Culture / Recreation - Special Recreation Facilities | $10,378,108 | $7,368,822 | +40.8% |
| 349 | Other Charges for Services (Not Court-Related) | $940 | $1,372 | -31.5% |
| Judgments, Fines, and Forfeits | $1,341,201 | $1,480,140 | -9.4% | |
| 351.1 | Court-Ordered Judgments and Fines - As Decided by County Court Criminal | $1,165,286 | $917,866 | +27.0% |
| 354 | Fines - Local Ordinance Violations | $170,467 | $231,939 | -26.5% |
| 355 | Federal Fines and Forfeits | $5,448 | $330,335 | -98.4% |
| Miscellaneous Revenues | $89,614,268 | $60,438,804 | +48.3% | |
| 361.1 | Interest and Other Earnings - Interest | $14,018,313 | $11,502,869 | +21.9% |
| 361.3 | Interest and Other Earnings - Net Increase (Decrease) in Fair Value of Investments | $40,363,608 | $14,396,764 | +180.4% |
| 362 | Rents and Royalties | $7,201,263 | $7,120,968 | +1.1% |
| 364 | Sales - Disposition of Fixed Assets | $43,448 | $7,869 | +452.1% |
| 366 | Contributions and Donations from Private Sources | $114,457 | $67,244 | +70.2% |
| 368 | Pension Fund Contributions | $10,266,842 | $9,146,266 | +12.3% |
| 369.3 | Other Miscellaneous Revenues - Settlements | $125,000 | ||
| 369.9 | Other Miscellaneous Revenues - Other | $17,481,337 | $18,193,024 | -3.9% |
| 365 | Sales - Sale of Surplus Materials and Scrap | $3,800 | ||
| Other Sources | $24,682,904 | $19,383,255 | +27.3% | |
| 381 | Non-Operating - Inter-Fund Group Transfers In | $24,682,904 | $19,383,255 | +27.3% |
| Total, all account codes | $269,050,936 | $228,685,313 | +17.7% |
Expenditures by account code
Account codes and names as the Department of Financial Services' Uniform Accounting System lists them, grouped under EDR's category headings. FY2024 beside FY2023; other years from the selector.
| Code | Account | FY2024 | FY2023 | Change |
|---|---|---|---|---|
| General Government Services (Not Court-Related) | $59,450,115 | $49,545,984 | +20.0% | |
| 511 | Legislative | $760,875 | $512,852 | +48.4% |
| 512 | Executive | $3,459,783 | $3,498,866 | -1.1% |
| 513 | Financial and Administrative | $4,033,070 | $3,573,336 | +12.9% |
| 514 | Legal Counsel | $990,400 | $889,392 | +11.4% |
| 515 | Comprehensive Planning | $1,278,514 | $906,367 | +41.1% |
| 518 | Pension Benefits | $14,336,411 | $13,391,490 | +7.1% |
| 519 | Other General Government Services | $34,591,062 | $26,773,681 | +29.2% |
| Public Safety | $45,013,003 | $39,824,249 | +13.0% | |
| 521 | Law Enforcement | $24,000,497 | $21,405,285 | +12.1% |
| 522 | Fire Control | $14,437,512 | $12,088,991 | +19.4% |
| 524 | Protective Inspections | $2,534,327 | $2,350,781 | +7.8% |
| 525 | Emergency and Disaster Relief Services | $97,722 | $194,426 | -49.7% |
| 526 | Ambulance and Rescue Services | $3,942,945 | $3,784,766 | +4.2% |
| Physical Environment | $26,623,320 | $24,649,287 | +8.0% | |
| 534 | Garbage / Solid Waste Control Services | $9,947,520 | $9,058,047 | +9.8% |
| 535 | Sewer / Wastewater Services | $12,780,591 | $11,666,522 | +9.5% |
| 537 | Conservation and Resource Management | $25,446 | $5,340 | +376.5% |
| 538 | Flood Control / Stormwater Management | $3,869,763 | $3,919,378 | -1.3% |
| Transportation | $14,910,159 | $13,972,269 | +6.7% | |
| 541 | Road and Street Facilities | $6,285,024 | $5,988,955 | +4.9% |
| 543 | Water Transportation Systems | $936,320 | $850,418 | +10.1% |
| 544 | Mass Transit Systems | $6,668,200 | $5,996,770 | +11.2% |
| 549 | Other Transportation Systems / Services | $1,020,615 | $1,136,126 | -10.2% |
| Economic Environment | $30,692,570 | $21,434,600 | +43.2% | |
| 554 | Housing and Urban Development | $23,009,642 | $20,166,147 | +14.1% |
| 559 | Other Economic Environment | $7,682,928 | $1,268,453 | +505.7% |
| Human Services | $865,139 | $977,150 | -11.5% | |
| 569 | Other Human Services | $865,139 | $977,150 | -11.5% |
| Culture / Recreation | $17,381,979 | $17,630,180 | -1.4% | |
| 572 | Parks and Recreation | $7,090,658 | $7,439,025 | -4.7% |
| 575 | Special Recreation Facilities | $10,291,321 | $10,191,155 | +1.0% |
| Other Uses and Non-Operating | $24,682,904 | $19,383,255 | +27.3% | |
| 581 | Inter-fund Group Transfers Out | $24,682,904 | $19,383,255 | +27.3% |
| Total, all account codes | $219,619,189 | $187,416,974 | +17.2% |
Where EDR's own figures differ
Every figure on this page is the sum of the fund columns in EDR's workbook for this government. These are the places EDR's printed totals or its statewide file say something else.
- Revenues, FY2020, account 312.43 Second Local Option Fuel Tax (1 to 5 Cents): $0 in this government's workbook, $411,793 in EDR's statewide file. EDR codes this amount under a different account in the government's own workbook than in the statewide file; the government's total is the same in both. The workbook's coding is shown.
Sources on this page
- Florida Legislature, Office of Economic and Demographic Research (EDR), from Annual Financial Reports filed with the Department of Financial Services: Florida Office of Economic and Demographic Research, Expenditures and Revenues Reported by Florida's County and Municipal Governments. Lag: A local fiscal year ends September 30; the Annual Financial Report is due to the Department of Financial Services nine months later, and EDR tabulates the reports over the following year, so a fiscal year is usually published one to two years after it ends. Retrieved 2026-10-01. Real figures are deflated by the fiscal year average of the US Bureau of Labor Statistics South Region consumer price index; per resident figures use the population EDR prints with each year. Sources and methods.
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