25LINKBUDGET(FULL) - Flipbook - Page 27
City of Plymouth 2024 / 2025 Budget
filed F-65 as of June 30, 2023, is also provided in the appendices. These reports are
electronically filed and available in a state database.
How Does the City of Plymouth Spend Your Money?
According to the 2020 census, the average household in the City of Plymouth comprises
approximately 2.14 persons, though for the sake of this calculation, let’s assume a household
size of three people. In this scenario, they reside in an average house with a property value
of $301,660, assessed at $150,830, and with a taxable value of $114,010. Their typical water
consumption amounts to approximately 27,000 gallons every three months, and they utilize
two City trash carts: one for waste disposal and one for recycling. Additionally, they have one
teenager engaged in soccer, participating in two sessions annually. Annually, this household
will remit payments to the City, split across two tax billings, four utility billings, and two bills
for recreation services.
Taxes
Water & Sewer
Waste & Recycling
Soccer Fees
Total
$4,729
$1,665
$123
$262
$6,779
Although all of this is paid to the City, the City immediately pays out $3,127 of this total as
follows:
Local Schools
$456
State School Tax
$684
Intermediate Schools
$619
Community College
$259
Wayne County
$910
Zoo/DIA
$34
Plymouth Library
$163
Total
$3,125
The remaining $3,498 is deposited to City accounts for the following purposes:
General Fund
Street Construction Debt
Waste & Recycling Fund
Recreation Fund
Water & Sewer Fund
Total
$1,175
$222
$330
$262
$1,665
$3,654
The example provided pertains to a single-family home eligible for a principal residence
exemption. However, a home, such as a single-family rental property, lacking this exemption,
would incur an additional $2,052 in property taxes, directed towards local schools. Residential
properties constitute 76% of the total taxable value base in the City, with commercial,
industrial, and personal property accounting for the remaining 24%.
How Does the City of Plymouth Spend All Taxes Received?
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