City government · Boyd County, KY

Ashland's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Ashland took in $65.3 million and spent $59.2 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

City taxes42%Fees for services (water, sewer)41%Federal tax money11%State tax money3.2%Fines and other2.6%County and local tax money0.5%

What stands out

23%

of Ashland's money comes from a personal income tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes42%

Individual income tax
23%$14.7 million
Other taxes
11%$7.0 million
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$4.9 million
  • Public utility taxes$1.4 million
  • Alcoholic beverage licenses$648 thousand
  • Other licenses$33 thousand

Amounts are by Census tax category.

Property tax
5.7%$3.8 million
Business income tax
3.6%$2.3 million

Fees for services41%

Fees for services
41%$26.5 million
What's in fees for servicesWater; sewer and 6 more
  • Water$10.7 million
  • Sewer$9.6 million
  • Garbage collection$2.5 million
  • Other service charges$2.3 million
  • Housing$1.3 million
  • Parks and recreation$84 thousand
  • Transit fares$29 thousand
  • Parking$21 thousand

Amounts are by Census type of charge.

Federal tax money11%

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

From the federal government
11%$7.0 million

State tax money3.2%

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

From the state
3.2%$2.1 million

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$297 thousand

Fines and other2.6%

Interest, rents and other
1.8%$1.1 million
Fines
0.9%$557 thousand

Where it goes

Water, sewer, trash and utilities34%Police, fire, courts and jails21%Roads, transit and parking19%Housing and community development15%Running the government and other costs6.2%All other spending4.2%

What stands out

15%

of Ashland's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
34%$20.2 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$12.1 million
  • Sewer systems$6.7 million
  • Garbage and solid waste$1.3 million
Police, fire, courts and jails
21%$12.5 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$6.2 million
  • Police$5.6 million
  • Inspections and regulation$751 thousand
Roads, transit and parking
19%$11.4 million
What's in roads, transit and parkingRoads and highways; public transit and 1 more
  • Roads and highways$9.9 million
  • Public transit$1.4 million
  • Parking$186 thousand
Housing and community development
15%$8.9 million
Running the government and other costs
6.2%$3.7 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$3.7 million
  • Other and not broken out$11 thousand
Parks, recreation and libraries
3.4%$2.0 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.0 million
Interest on debt
0.7%$408 thousand
Sent to other local governments
<0.1%$53 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$53 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ashland. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of City of Ashland 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.