City government · Grant County, KY

Dry Ridge's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Dry Ridge took in $8.2 million and spent $5.4 million.

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

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Where it comes from

Fees for services (sewer, water)45%City taxes34%County and local tax money16%Fines and other3.0%State tax money2.0%Federal tax money0.1%

What stands out

16%

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

City taxes34%

Individual income tax
16%$1.3 million
Other taxes
11%$868 thousand
What's in other taxesInsurance premium taxes; alcoholic beverage licenses and 3 more
  • Insurance premium taxes$478 thousand
  • Alcoholic beverage licenses$196 thousand
  • Occupation and business licenses$100 thousand
  • Public utility taxes$70 thousand
  • Other licenses$24 thousand

Amounts are by Census tax category.

Property tax
7.6%$624 thousand

Fees for services45%

Fees for services
45%$3.7 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$1.4 million
  • Water$1.1 million
  • Other service charges$1.1 million
  • Garbage collection$91 thousand
  • Parks and recreation$61 thousand

Amounts are by Census type of charge.

Federal tax money0.1%

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

From the federal government
0.1%$11 thousand

State tax money2.0%

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

From the state
2.0%$164 thousand

County and local tax money16%

Money passed on by the county or other local governments.

From the county and other local governments
16%$1.3 million

Fines and other3.0%

Interest, rents and other
2.8%$232 thousand
Fines
0.2%$19 thousand

Where it goes

Running the government and other costs50%Water, sewer, trash and utilities36%Police, fire, courts and jails8.3%Parks, recreation and libraries2.6%Roads, transit and parking2.5%Interest on debt0.4%

What stands out

50%

of Dry Ridge'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
50%$2.7 million
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)$2.5 million
  • Other and not broken out$194 thousand
Water, sewer, trash and utilities
36%$1.9 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.2 million
  • Water supply$657 thousand
  • Garbage and solid waste$90 thousand
Police, fire, courts and jails
8.3%$451 thousand
What's in police, fire, courts and jailsFire protection; inspections and regulation and 1 more
  • Fire protection$410 thousand
  • Inspections and regulation$27 thousand
  • Police$14 thousand
Parks, recreation and libraries
2.6%$139 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$139 thousand
Roads, transit and parking
2.5%$135 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$135 thousand
Interest on debt
0.4%$24 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$19 thousand
  • Interest on general debt$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Dry Ridge. 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 City of Dry Ridge 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.