City government · Jefferson County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Cambridge took in $52 thousand and spent $39 thousand.

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

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Where it comes from

City taxes92%State tax money7.7%

What stands out

38%

of Cambridge's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

City taxes92%

Property tax
54%$28 thousand
Other taxes
38%$20 thousand
What's in other taxesInsurance premium taxes; other licenses and 1 more
  • Insurance premium taxes$17 thousand
  • Other licenses$2 thousand
  • Public utility taxes$1 thousand

Amounts are by Census tax category.

State tax money7.7%

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

From the state
7.7%$4 thousand

Where it goes

Water, sewer, trash and utilities51%Running the government and other costs31%Roads, transit and parking18%

What stands out

51%

of Cambridge'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
51%$20 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and electric power
  • Garbage and solid waste$17 thousand
  • Electric power$3 thousand
Running the government and other costs
31%$12 thousand
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$5 thousand
  • Central staff services (personnel, purchasing, technology)$5 thousand
  • Other and not broken out$2 thousand
Roads, transit and parking
18%$7 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$7 thousand
Sources and moreWhere these numbers come from and what they cover

City of Cambridge. 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 Cambridge 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.