City government · Barren County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Glasgow took in $127 million and spent $131 million.

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

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Where it comes from

Fees for services (electric power, water)79%City taxes14%Fines and other2.7%State tax money2.1%Federal tax money1.5%County and local tax money0.6%

What stands out

79%

of Glasgow's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes14%

Individual income tax
7.9%$10.1 million
Other taxes
2.6%$3.3 million
What's in other taxesInsurance premium taxes; alcoholic beverage licenses and 4 more
  • Insurance premium taxes$1.9 million
  • Alcoholic beverage licenses$670 thousand
  • Public utility taxes$331 thousand
  • Other selective sales taxes$288 thousand
  • Other licenses$52 thousand
  • Occupation and business licenses$13 thousand

Amounts are by Census tax category.

Property tax
2.0%$2.5 million
Business income tax
1.7%$2.1 million

Fees for services79%

Fees for services
79%$101 million
What's in fees for servicesElectric power; water and 7 more
  • Electric power$60.5 million
  • Water$20.4 million
  • Other government-run businesses$8.2 million
  • Garbage collection$6.2 million
  • Sewer$2.9 million
  • Housing$1.5 million
  • Other service charges$634 thousand
  • Parks and recreation$118 thousand
  • Airport$55 thousand

Amounts are by Census type of charge.

Federal tax money1.5%

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

From the federal government
1.5%$1.9 million

State tax money2.1%

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

From the state
2.1%$2.6 million

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$825 thousand

Fines and other2.7%

Interest, rents and other
2.5%$3.2 million
Fines
0.2%$208 thousand

Where it goes

Water, sewer, trash and utilities77%Running the government and other costs11%Police, fire, courts and jails4.3%Housing and community development3.6%Roads, transit and parking1.8%All other spending2.2%

What stands out

77%

of Glasgow's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
77%$101 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$72.7 million
  • Water supply$22.8 million
  • Garbage and solid waste$3.5 million
  • Sewer systems$1.8 million
Running the government and other costs
11%$14.9 million
What's in running the government and other costsOther government-run businesses; central staff services (personnel, purchasing, technology) and 1 more
  • Other government-run businesses$10.5 million
  • Central staff services (personnel, purchasing, technology)$3.2 million
  • Other and not broken out$1.3 million
Police, fire, courts and jails
4.3%$5.6 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$2.9 million
  • Fire protection$2.3 million
  • Inspections and regulation$401 thousand
Housing and community development
3.6%$4.8 million
Roads, transit and parking
1.8%$2.4 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$1.7 million
  • Public transit$738 thousand
Interest on debt
1.2%$1.5 million
What's in interest on debtInterest on electric power debt; interest on water supply debt and 1 more
  • Interest on electric power debt$966 thousand
  • Interest on water supply debt$558 thousand
  • Interest on general debt$13 thousand
Parks, recreation and libraries
0.6%$838 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$838 thousand
Sent to other local governments
0.4%$520 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out and sent to the state government
  • Sent to local governments: other and not broken out$474 thousand
  • Sent to the state government$46 thousand
Sources and moreWhere these numbers come from and what they cover

City of Glasgow. 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 Glasgow 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.