City government · Nelson County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Bloomfield took in $2.1 million and spent $1.6 million.

Latest recorded year: ended June 30, 2022Comes fromGoes to

See every government that serves your ZIP

Where it comes from

Fees for services (water, sewer)70%Federal tax money12%City taxes11%State tax money3.0%Fines and other2.8%County and local tax money0.9%

What stands out

12%

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

City taxes11%

Property tax
9.3%$199 thousand
Other taxes
2.1%$45 thousand
What's in other taxesPublic utility taxes and occupation and business licenses
  • Public utility taxes$33 thousand
  • Occupation and business licenses$12 thousand

Amounts are by Census tax category.

Fees for services70%

Fees for services
70%$1.5 million
What's in fees for servicesWater; sewer and 2 more
  • Water$1.3 million
  • Sewer$168 thousand
  • Other service charges$25 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$260 thousand

State tax money3.0%

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

From the state
3.0%$65 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$19 thousand

Fines and other2.8%

Interest, rents and other
2.8%$59 thousand

Where it goes

Water, sewer, trash and utilities73%Running the government and other costs15%Interest on debt4.5%Roads, transit and parking4.0%Sent to other local governments2.0%Parks, recreation and libraries1.3%

What stands out

73%

of Bloomfield's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
73%$1.2 million
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$1.1 million
  • Sewer systems$34 thousand
Running the government and other costs
15%$231 thousand
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)$230 thousand
  • Other and not broken out$1 thousand
Interest on debt
4.5%$71 thousand
Roads, transit and parking
4.0%$63 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$63 thousand
Sent to other local governments
2.0%$31 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$31 thousand
Parks, recreation and libraries
1.3%$20 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$20 thousand
Sources and moreWhere these numbers come from and what they cover

City of Bloomfield. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Bloomfield 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.