City government · Carroll County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Ghent took in $245 thousand and spent $188 thousand.

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

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Where it comes from

City taxes77%Federal tax money6.9%Fees for services (garbage collection)6.5%County and local tax money6.1%State tax money2.9%Fines and other0.4%

What stands out

61%

of Ghent'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 taxes77%

Other taxes
61%$149 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 1 more
  • Insurance premium taxes$113 thousand
  • Public utility taxes$24 thousand
  • Other licenses$12 thousand

Amounts are by Census tax category.

Property tax
16%$40 thousand

Fees for services6.5%

Fees for services
6.5%$16 thousand
What's in fees for servicesGarbage collection
  • Garbage collection$16 thousand

Amounts are by Census type of charge.

Federal tax money6.9%

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

From the federal government
6.9%$17 thousand

State tax money2.9%

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

From the state
2.9%$7 thousand

County and local tax money6.1%

Money passed on by the county or other local governments.

From the county and other local governments
6.1%$15 thousand

Fines and other0.4%

Interest, rents and other
0.4%$1 thousand

Where it goes

Running the government and other costs64%Water, sewer, trash and utilities30%Roads, transit and parking4.8%Parks, recreation and libraries1.6%

What stands out

64%

of Ghent'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
64%$120 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$113 thousand
  • Other and not broken out$6 thousand
  • Other government-run businesses$1 thousand
Water, sewer, trash and utilities
30%$56 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste and electric power
  • Garbage and solid waste$33 thousand
  • Electric power$23 thousand
Roads, transit and parking
4.8%$9 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$9 thousand
Parks, recreation and libraries
1.6%$3 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$3 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ghent. 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 Ghent 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.