City government · Montgomery County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Camargo took in $530 thousand and spent $63 thousand.

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

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Where it comes from

Federal tax money57%City taxes36%State tax money6.2%Fines and other0.8%

What stands out

57%

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

City taxes36%

Individual income tax
24%$125 thousand
Other taxes
8.7%$46 thousand
What's in other taxesPublic utility taxes and occupation and business licenses
  • Public utility taxes$43 thousand
  • Occupation and business licenses$3 thousand

Amounts are by Census tax category.

Business income tax
3.4%$18 thousand
Property tax
0.6%$3 thousand

Federal tax money57%

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

From the federal government
57%$301 thousand

State tax money6.2%

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

From the state
6.2%$33 thousand

Fines and other0.8%

Interest, rents and other
0.8%$4 thousand

Where it goes

Water, sewer, trash and utilities59%Running the government and other costs33%Parks, recreation and libraries6.3%Roads, transit and parking1.6%

What stands out

59%

of Camargo'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
59%$37 thousand
What's in water, sewer, trash and utilitiesElectric power; garbage and solid waste and 1 more
  • Electric power$27 thousand
  • Garbage and solid waste$9 thousand
  • Gas supply$1 thousand
Running the government and other costs
33%$21 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other government-run businesses and 1 more
  • Central staff services (personnel, purchasing, technology)$18 thousand
  • Other government-run businesses$2 thousand
  • Finance, tax collection and budgeting$1 thousand
Parks, recreation and libraries
6.3%$4 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$4 thousand
Roads, transit and parking
1.6%$1 thousand
What's in roads, transit and parkingPublic transit
  • Public transit$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Camargo. 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 Camargo 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.