City government · Kenton County, KY

Crescent Springs's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Crescent Springs took in $4.5 million and spent $3.6 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

See every government that serves your ZIP

Where it comes from

City taxes80%Federal tax money15%Fees for services (parks and recreation)2.0%Fines and other1.8%State tax money1.4%

What stands out

29%

of Crescent Springs' money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes80%

Property tax
33%$1.5 million
Individual income tax
29%$1.3 million
Other taxes
18%$824 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 1 more
  • Insurance premium taxes$554 thousand
  • Public utility taxes$243 thousand
  • Alcoholic beverage licenses$27 thousand

Amounts are by Census tax category.

Fees for services2.0%

Fees for services
2.0%$90 thousand
What's in fees for servicesOther service charges and parks and recreation
  • Other service charges$69 thousand
  • Parks and recreation$21 thousand

Amounts are by Census type of charge.

Federal tax money15%

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

From the federal government
15%$679 thousand

State tax money1.4%

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

From the state
1.4%$65 thousand

Fines and other1.8%

Interest, rents and other
1.7%$77 thousand
Fines
<0.1%$2 thousand

Where it goes

Sent to other local governments66%Roads, transit and parking22%Running the government and other costs12%

What stands out

66%

of Crescent Springs' spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Sent to other local governments
66%$2.4 million
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$2.4 million
Roads, transit and parking
22%$788 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$788 thousand
Running the government and other costs
12%$421 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)$378 thousand
  • Other and not broken out$43 thousand
Sources and moreWhere these numbers come from and what they cover

City of Crescent Springs. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Crescent Springs 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.