City government · Henry County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Eminence took in $3.5 million and spent $3.8 million.

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

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Where it comes from

City taxes40%Fees for services (water, sewer)37%State tax money23%Fines and other0.5%

What stands out

16%

of Eminence'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 taxes40%

Other taxes
16%$573 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$429 thousand
  • Public utility taxes$120 thousand
  • Other licenses$16 thousand
  • Alcoholic beverage licenses$8 thousand

Amounts are by Census tax category.

Property tax
14%$486 thousand
Individual income tax
8.6%$301 thousand
Business income tax
1.0%$35 thousand

Fees for services37%

Fees for services
37%$1.3 million
What's in fees for servicesWater; sewer and 2 more
  • Water$612 thousand
  • Sewer$391 thousand
  • Garbage collection$249 thousand
  • Other service charges$49 thousand

Amounts are by Census type of charge.

State tax money23%

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

From the state
23%$805 thousand

Fines and other0.5%

Interest, rents and other
0.5%$16 thousand

Where it goes

Running the government and other costs48%Police, fire, courts and jails27%Water, sewer, trash and utilities20%Roads, transit and parking3.8%Parks, recreation and libraries0.7%Interest on debt0.2%

What stands out

48%

of Eminence'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
48%$1.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$1.9 million
Police, fire, courts and jails
27%$1.0 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$933 thousand
  • Fire protection$93 thousand
Water, sewer, trash and utilities
20%$789 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$629 thousand
  • Garbage and solid waste$160 thousand
Roads, transit and parking
3.8%$146 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$146 thousand
Parks, recreation and libraries
0.7%$26 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$26 thousand
Interest on debt
0.2%$8 thousand
Sources and moreWhere these numbers come from and what they cover

City of Eminence. 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 Eminence 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.