City government · Breckinridge County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Cloverport took in $1.5 million and spent $1.4 million.

Latest recorded year: ended June 30, 2022Comes from Goes to

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Where it comes from

Fees for services (water, garbage collection)35%County and local tax money22%Federal tax money21%City taxes18%Fines and other2.2%State tax money1.9%

What stands out

22%

of Cloverport's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes18%

Other taxes

9.9%$151 thousand

What's in other taxesInsurance premium taxes; public utility taxes and 2 more

Insurance premium taxes$121 thousand
Public utility taxes$18 thousand
Motor vehicle licenses$8 thousand
Occupation and business licenses$4 thousand

Amounts are by Census tax category.

Property tax

8.0%$122 thousand

Fees for services35%

Fees for services

35%$529 thousand

What's in fees for servicesWater; garbage collection and 2 more

Water$240 thousand
Garbage collection$149 thousand
Sewer$103 thousand
Other service charges$37 thousand

Amounts are by Census type of charge.

Federal tax money21%

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

From the federal government

21%$324 thousand

State tax money1.9%

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

From the state

1.9%$29 thousand

County and local tax money22%

Money passed on by the county or other local governments.

From the county and other local governments

22%$343 thousand

Fines and other2.2%

Interest, rents and other

2.2%$33 thousand

Where it goes

Running the government and other costs55%Water, sewer, trash and utilities21%Sent to other local governments8.9%Police, fire, courts and jails6.5%Roads, transit and parking6.1%All other spending3.3%

What stands out

55%

of Cloverport's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs

55%$737 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology)

Central staff services (personnel, purchasing, technology)$737 thousand

Water, sewer, trash and utilities

21%$279 thousand

What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more

Water supply$148 thousand
Sewer systems$78 thousand
Garbage and solid waste$53 thousand

Sent to other local governments

8.9%$120 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$120 thousand

Police, fire, courts and jails

6.5%$88 thousand

What's in police, fire, courts and jailsPolice and fire protection

Police$70 thousand
Fire protection$18 thousand

Roads, transit and parking

6.1%$82 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$82 thousand

Interest on debt

1.7%$23 thousand

What's in interest on debtInterest on general debt and interest on water supply debt

Interest on general debt$19 thousand
Interest on water supply debt$4 thousand

Parks, recreation and libraries

1.6%$21 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$21 thousand

Sources and moreWhere these numbers come from and what they cover

City of Cloverport. 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 Cloverport 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.