City government · Greenup County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Flatwoods took in $8.0 million and spent $9.3 million.

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

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Where it comes from

Fees for services (water, sewer)57%City taxes28%State tax money12%County and local tax money1.6%Fines and other1.3%Federal tax money0.2%

What stands out

14%

of Flatwoods' 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 taxes28%

Other taxes
14%$1.1 million
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$812 thousand
  • Public utility taxes$287 thousand
  • Occupation and business licenses$35 thousand
  • Other licenses$13 thousand

Amounts are by Census tax category.

Property tax
13%$1.1 million

Fees for services57%

Fees for services
57%$4.5 million
What's in fees for servicesWater; sewer and 3 more
  • Water$1.9 million
  • Sewer$1.8 million
  • Garbage collection$440 thousand
  • Other service charges$244 thousand
  • Parks and recreation$96 thousand

Amounts are by Census type of charge.

Federal tax money0.2%

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

From the federal government
0.2%$14 thousand

State tax money12%

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

From the state
12%$976 thousand

County and local tax money1.6%

Money passed on by the county or other local governments.

From the county and other local governments
1.6%$124 thousand

Fines and other1.3%

Interest, rents and other
0.9%$74 thousand
Fines
0.4%$32 thousand

Where it goes

Water, sewer, trash and utilities53%Police, fire, courts and jails20%Roads, transit and parking18%Running the government and other costs5.8%Parks, recreation and libraries3.7%

What stands out

53%

of Flatwoods' 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
53%$4.9 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$2.4 million
  • Water supply$2.1 million
  • Garbage and solid waste$409 thousand
Police, fire, courts and jails
20%$1.8 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.1 million
  • Fire protection$691 thousand
Roads, transit and parking
18%$1.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.6 million
Running the government and other costs
5.8%$537 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)$459 thousand
  • Other and not broken out$78 thousand
Parks, recreation and libraries
3.7%$342 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$342 thousand
Sources and moreWhere these numbers come from and what they cover

City of Flatwoods. 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 Flatwoods 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.