City government · Aleutians East Borough, AK

King Cove's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), King Cove took in $6.0 million and spent $5.3 million.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes40%Fees for services (electric power, ports and waterways)40%State tax money17%Federal tax money1.5%County and local tax money1.3%Fines and other0.3%

What stands out

38%

of King Cove's money comes from sales tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes40%

Sales tax
38%$2.3 million
Other taxes
2.2%$130 thousand
What's in other taxesOccupation and business licenses
  • Occupation and business licenses$130 thousand

Amounts are by Census tax category.

Fees for services40%

Fees for services
40%$2.4 million
What's in fees for servicesElectric power; ports and waterways and 5 more
  • Electric power$1.2 million
  • Ports and waterways$456 thousand
  • Water$378 thousand
  • Garbage collection$129 thousand
  • Sewer$77 thousand
  • Parks and recreation$55 thousand
  • Other service charges$37 thousand

Amounts are by Census type of charge.

Federal tax money1.5%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.5%$88 thousand

State tax money17%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
17%$1.0 million

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$78 thousand

Fines and other0.3%

Interest, rents and other
0.3%$15 thousand

Where it goes

Water, sewer, trash and utilities38%Roads, transit and parking23%Running the government and other costs17%Police, fire, courts and jails13%Interest on debt2.9%All other spending5.6%

What stands out

23%

of King Cove's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Water, sewer, trash and utilities
38%$2.0 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$1.5 million
  • Water supply$314 thousand
  • Garbage and solid waste$146 thousand
  • Sewer systems$71 thousand
Roads, transit and parking
23%$1.2 million
What's in roads, transit and parkingRoads and highways and ports and harbors
  • Roads and highways$722 thousand
  • Ports and harbors$518 thousand
Running the government and other costs
17%$894 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 1 more
  • Central staff services (personnel, purchasing, technology)$572 thousand
  • Finance, tax collection and budgeting$188 thousand
  • Other and not broken out$134 thousand
Police, fire, courts and jails
13%$708 thousand
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$457 thousand
  • Fire protection$228 thousand
  • Courts and legal services$23 thousand
Interest on debt
2.9%$155 thousand
What's in interest on debtInterest on electric power debt; interest on water supply debt and 1 more
  • Interest on electric power debt$77 thousand
  • Interest on water supply debt$41 thousand
  • Interest on general debt$37 thousand
Parks, recreation and libraries
2.8%$152 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$152 thousand
Environment and natural resources
2.6%$140 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$140 thousand
Health and hospitals
0.1%$7 thousand
What's in health and hospitalsPublic health
  • Public health$7 thousand
Sources and moreWhere these numbers come from and what they cover

City of King Cove. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of King Cove itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.