County government · Boyd County, KY

Boyd County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Boyd County took in $42.2 million and spent $39.8 million.

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

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Where it comes from

County taxes33%State tax money25%Fees for services (sewer, hospital bills)20%Fines and other17%Federal tax money3.2%Local tax money2.2%

What stands out

16%

of Boyd County's money comes from a personal income tax.Most U.S. counties of under 50,000 people get none.

County taxes33%

Individual income tax
16%$6.7 million
Property tax
12%$5.2 million
Other taxes
5.1%$2.2 million
What's in other taxesOther selective sales taxes; public utility taxes and 4 more
  • Other selective sales taxes$996 thousand
  • Public utility taxes$695 thousand
  • Corporation licenses$229 thousand
  • Real estate and stock transfer taxes$146 thousand
  • Occupation and business licenses$78 thousand
  • Alcoholic beverage licenses$25 thousand

Amounts are by Census tax category.

Fees for services20%

Fees for services
20%$8.3 million
What's in fees for servicesSewer; hospital bills and 2 more
  • Sewer$7.7 million
  • Hospital bills$319 thousand
  • Other service charges$256 thousand
  • Garbage collection$7 thousand

Amounts are by Census type of charge.

Federal tax money3.2%

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

From the federal government
3.2%$1.4 million

State tax money25%

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

From the state
25%$10.4 million

Local tax money2.2%

Money passed on by the county or other local governments.

From other local governments
2.2%$912 thousand

Fines and other17%

Interest, rents and other
17%$7.2 million

Where it goes

Running the government and other costs38%Police, fire, courts and jails23%Water, sewer, trash and utilities17%Health and hospitals8.9%Roads, transit and parking6.9%All other spending6.2%

What stands out

17%

of Boyd County's spending goes to water, sewer, trash and other utilities.A typical U.S. county of under 50,000 people spends 0.8%.

Spending by category100%

Running the government and other costs
38%$15.1 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$9.9 million
  • Central staff services (personnel, purchasing, technology)$3.9 million
  • Government buildings$672 thousand
  • Finance, tax collection and budgeting$608 thousand
Police, fire, courts and jails
23%$9.0 million
What's in police, fire, courts and jailsPrisons and jails; police and 2 more
  • Prisons and jails$4.6 million
  • Police$3.6 million
  • Courts and legal services$779 thousand
  • Inspections and regulation$116 thousand
Water, sewer, trash and utilities
17%$6.9 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$6.9 million
Health and hospitals
8.9%$3.5 million
What's in health and hospitalsPublic health
  • Public health$3.5 million
Roads, transit and parking
6.9%$2.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.7 million
Sent to other local governments
2.3%$905 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$905 thousand
Parks, recreation and libraries
2.1%$836 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$836 thousand
Interest on debt
1.8%$722 thousand
Sources and moreWhere these numbers come from and what they cover

Boyd County. 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 Boyd County 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.