Florida / Fiscal data / Local government finances / Panama City
Panama City, 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 Bay County: Bay County government
Revenues, FY2024$244,410,950
Revenues, change on FY2023-38.3%
Revenues per resident, FY2024$6,447
Expenditures, FY2024$226,537,739
Expenditures, change on FY2023-12.8%
Expenditures per resident, FY2024$5,976
Population, 202437,909
Revenues and expenditures by fiscal yearMunicipal governmentFY2024: $244,410,950 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: $244,410,950
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: $226,537,739
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 | $45,753,662 | $42,191,211 | +8.4% | |
| 311 | Ad Valorem Taxes | $18,582,398 | $15,282,194 | +21.6% |
| 312.41 | First Local Option Fuel Tax (1 to 6 Cents Local Option Fuel Tax) | $1,519,436 | $1,427,320 | +6.5% |
| 312.51 | Insurance Premium Tax for Firefighters' Pension | $466,493 | $426,195 | +9.5% |
| 312.52 | Insurance Premium Tax for Police Officers' Retirement | $507,953 | $449,206 | +13.1% |
| 312.63 | Local Government Infrastructure Surtax | $4,851,807 | $4,747,585 | +2.2% |
| 314.1 | Utility Service Tax - Electricity | $4,781,958 | $5,121,940 | -6.6% |
| 314.4 | Utility Service Tax - Gas | $287,316 | $243,400 | +18.0% |
| 314.8 | Utility Service Tax - Propane | $56,316 | $41,501 | +35.7% |
| 315.1 | State Communications Services Taxes | $1,642,311 | $1,565,321 | +4.9% |
| 316 | Local Business Tax (Chapter 205, F.S.) | $13,057,674 | $12,886,549 | +1.3% |
| Permits, Fees, and Special Assessments | $11,848,771 | $13,732,049 | -13.7% | |
| 323.1 | Franchise Fee - Electricity | $4,235,022 | $4,643,675 | -8.8% |
| 323.4 | Franchise Fee - Gas | $367,872 | $305,807 | +20.3% |
| 324.21 | Impact Fees - Residential - Physical Environment | $881,287 | $1,850,378 | -52.4% |
| 324.22 | Impact Fees - Commercial - Physical Environment | $74,919 | $537,663 | -86.1% |
| 329.1 | Inspection Fee | $67,486 | $32,956 | +104.8% |
| 329.2 | Stormwater Fee | $1,181 | $3,375 | -65.0% |
| 329.5 | Other Fees and Special Assessments | $6,221,004 | $6,358,195 | -2.2% |
| Intergovernmental Revenues | $40,064,951 | $48,775,792 | -17.9% | |
| 331.2 | Federal Grant - Public Safety | $372,226 | $422,812 | -12.0% |
| 331.31 | Federal Grant - Physical Environment - Water Supply System | $5,315,535 | $2,578,811 | +106.1% |
| 331.35 | Federal Grant - Physical Environment - Sewer / Wastewater | $9,405,859 | $3,811,263 | +146.8% |
| 331.39 | Federal Grant - Physical Environment - Other Physical Environment | $942,093 | $5,265,354 | -82.1% |
| 331.5 | Federal Grant - Economic Environment | $7,033,301 | $21,673,225 | -67.5% |
| 331.51 | Federal Grant - American Rescue Plan Act Funds | $1,990,098 | $6,242,561 | -68.1% |
| 334.1 | State Grant - General Government | $125,000 | $53,125 | +135.3% |
| 334.2 | State Grant - Public Safety | $17,884 | $53,314 | -66.5% |
| 334.35 | State Grant - Physical Environment - Sewer / Wastewater | $3,466,700 | $840,910 | +312.3% |
| 334.5 | State Grant - Economic Environment | $2,651,760 | $424,271 | +525.0% |
| 334.7 | State Grant - Culture / Recreation | $7,500 | $279 | +2588.2% |
| 334.9 | State Grant - Other | $1,496,903 | $23,639 | +6232.3% |
| 335.125 | State Shared Revenues - General Government - Municipal Revenue Sharing Program | $2,269,477 | $2,362,313 | -3.9% |
| 335.14 | State Shared Revenues - General Government - Mobile Home License Tax | $17,773 | $17,649 | +0.7% |
| 335.15 | State Shared Revenues - General Government - Alcoholic Beverage License Tax | $46,907 | $38,968 | +20.4% |
| 335.18 | State Shared Revenues - General Government - Local Government Half-Cent Sales Tax Program | $4,847,922 | $4,872,417 | -0.5% |
| 335.23 | State Shared Revenues - Public Safety - Emergency Management Assistance | $30,578 | $28,090 | +8.9% |
| 335.45 | State Shared Revenues - Transportation - Fuel Tax Refunds and Credits | $27,435 | $24,129 | +13.7% |
| 333 | Federal Payments in Lieu of Taxes | $42,662 | ||
| Charges for Services | $72,257,564 | $67,149,876 | +7.6% | |
| 341.2 | General Government - Internal Service Fund Fees and Charges | $11,841,538 | $10,038,088 | +18.0% |
| 341.3 | General Government - Administrative Service Fees | $230,462 | $197,112 | +16.9% |
| 341.9 | General Government - Other General Government Charges and Fees | $69,057 | $84,491 | -18.3% |
| 342.1 | Public Safety - Law Enforcement Services | $304,203 | $214,276 | +42.0% |
| 342.5 | Public Safety - Protective Inspection Fees | $196,489 | $211,345 | -7.0% |
| 342.9 | Public Safety - Other Public Safety Charges and Fees | $12,546 | $2,199 | +470.5% |
| 343.4 | Physical Environment - Garbage / Solid Waste | $10,758,615 | $9,718,526 | +10.7% |
| 343.6 | Physical Environment - Water / Sewer Combination Utility | $28,092,808 | $25,501,003 | +10.2% |
| 343.9 | Physical Environment - Other Physical Environment Charges | $4,163 | $3,311 | +25.7% |
| 344.2 | Transportation - Water Ports and Terminals | $18,401,464 | $18,700,119 | -1.6% |
| 347.2 | Culture / Recreation - Parks and Recreation | $414,273 | $181,435 | +128.3% |
| 347.4 | Culture / Recreation - Special Events | $8,974 | $12,181 | -26.3% |
| 347.5 | Culture / Recreation - Special Recreation Facilities | $1,833,170 | $1,950,020 | -6.0% |
| 349 | Other Charges for Services (Not Court-Related) | $89,802 | $93,363 | -3.8% |
| 344.9 | Transportation - Other Transportation Charges | $242,407 | ||
| Judgments, Fines, and Forfeits | $260,721 | $469,322 | -44.4% | |
| 351.1 | Court-Ordered Judgments and Fines - As Decided by County Court Criminal | $78,839 | $59,250 | +33.1% |
| 351.9 | Court-Ordered Judgments and Fines - Other | $142,814 | $377,550 | -62.2% |
| 355 | Federal Fines and Forfeits | $39,068 | $32,522 | +20.1% |
| Miscellaneous Revenues | $42,979,180 | $27,717,324 | +55.1% | |
| 361.1 | Interest and Other Earnings - Interest | $13,676,579 | $6,966,880 | +96.3% |
| 361.3 | Interest and Other Earnings - Net Increase (Decrease) in Fair Value of Investments | $15,257,076 | $33,514 | +45424.5% |
| 361.4 | Interest and Other Earnings - Gain (Loss) on Sale of Investments | $1,408,780 | $5,517,324 | -74.5% |
| 362 | Rents and Royalties | $652,338 | $570,942 | +14.3% |
| 364 | Sales - Disposition of Fixed Assets | -$145,609 | $37,910 | -484.1% |
| 365 | Sales - Sale of Surplus Materials and Scrap | $8,498 | $16,363 | -48.1% |
| 366 | Contributions and Donations from Private Sources | $1,977,039 | $4,246,656 | -53.4% |
| 368 | Pension Fund Contributions | $6,877,216 | $6,710,283 | +2.5% |
| 369.3 | Other Miscellaneous Revenues - Settlements | $850,000 | ||
| 369.9 | Other Miscellaneous Revenues - Other | $2,417,263 | $3,617,452 | -33.2% |
| Other Sources | $31,246,101 | $196,388,819 | -84.1% | |
| 381 | Non-Operating - Inter-Fund Group Transfers In | $29,254,816 | $44,200,190 | -33.8% |
| 383.1 | Proceeds - Leases - Financial Agreements | $1,083,891 | $1,728,708 | -37.3% |
| 383.2 | Proceeds - Installment Purchases and Capital Lease Proceeds | $907,394 | $150,459,921 | -99.4% |
| Total, all account codes | $244,410,950 | $396,424,393 | -38.3% |
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) | $52,905,429 | $87,696,134 | -39.7% | |
| 511 | Legislative | $425,793 | $373,252 | +14.1% |
| 512 | Executive | $1,373,516 | $1,258,521 | +9.1% |
| 513 | Financial and Administrative | $5,380,182 | $6,906,541 | -22.1% |
| 514 | Legal Counsel | $1,692,306 | $1,527,003 | +10.8% |
| 515 | Comprehensive Planning | $5,296,193 | $7,581,872 | -30.1% |
| 517 | Debt Service Payments | $13,558,144 | $47,960,246 | -71.7% |
| 518 | Pension Benefits | $7,747,184 | $7,197,637 | +7.6% |
| 519 | Other General Government Services | $17,432,111 | $14,891,062 | +17.1% |
| Public Safety | $35,767,044 | $33,671,906 | +6.2% | |
| 521 | Law Enforcement | $19,442,916 | $19,667,909 | -1.1% |
| 522 | Fire Control | $16,324,128 | $14,003,997 | +16.6% |
| Physical Environment | $37,015,731 | $37,209,145 | -0.5% | |
| 532 | Gas Utility Services | $93,936 | $81,837 | +14.8% |
| 534 | Garbage / Solid Waste Control Services | $9,338,421 | $8,378,752 | +11.5% |
| 535 | Sewer / Wastewater Services | $17,681,782 | $17,338,578 | +2.0% |
| 536 | Water-Sewer Combination Services | $8,732,520 | $8,781,442 | -0.6% |
| 539 | Other Physical Environment | $1,169,072 | $2,628,536 | -55.5% |
| Transportation | $39,020,338 | $35,305,406 | +10.5% | |
| 541 | Road and Street Facilities | $15,863,447 | $12,688,939 | +25.0% |
| 543 | Water Transportation Systems | $23,156,891 | $22,616,467 | +2.4% |
| Economic Environment | $9,014,153 | $7,856,078 | +14.7% | |
| 552 | Industry Development | $1,672,326 | $1,823,481 | -8.3% |
| 554 | Housing and Urban Development | $2,792,826 | $2,598,622 | +7.5% |
| 559 | Other Economic Environment | $4,549,001 | $3,433,975 | +32.5% |
| Human Services | $191,885 | $455,312 | -57.9% | |
| 562 | Health Services | $191,885 | $455,312 | -57.9% |
| Culture / Recreation | $22,763,818 | $12,854,271 | +77.1% | |
| 572 | Parks and Recreation | $9,286,236 | $9,123,660 | +1.8% |
| 574 | Special Events | $110,091 | $110,103 | 0.0% |
| 575 | Special Recreation Facilities | $13,367,491 | $3,620,508 | +269.2% |
| Other Uses and Non-Operating | $29,859,341 | $44,810,765 | -33.4% | |
| 581 | Inter-fund Group Transfers Out | $29,254,816 | $44,163,602 | -33.8% |
| 591 | Proprietary - Non-Operating Interest Expense | $604,525 | $647,163 | -6.6% |
| Total, all account codes | $226,537,739 | $259,859,017 | -12.8% |
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.
Download the data
Statewide workbook Every account line, CSV
The statewide workbook has every government's totals and categories by fiscal year, EDR's statewide account totals, the corrections, the statewide differences, gaps and sources. The gzipped CSV has every account line of every government by fund type and fiscal year, including this one.