City government · Carter County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Grayson took in $12.6 million and spent $11.2 million.

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

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Where it comes from

Fees for services (water, sewer)62%City taxes32%Federal tax money3.8%State tax money2.3%Fines and other0.5%

What stands out

10%

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

City taxes32%

Other taxes
17%$2.1 million
What's in other taxesOther selective sales taxes; insurance premium taxes and 3 more
  • Other selective sales taxes$1.0 million
  • Insurance premium taxes$664 thousand
  • Alcoholic beverage licenses$305 thousand
  • Other licenses$122 thousand
  • Public utility taxes$26 thousand

Amounts are by Census tax category.

Individual income tax
10%$1.3 million
Property tax
4.4%$560 thousand

Fees for services62%

Fees for services
62%$7.8 million
What's in fees for servicesWater; sewer and 4 more
  • Water$2.9 million
  • Sewer$1.9 million
  • Gas$1.6 million
  • Garbage collection$1.0 million
  • Other service charges$235 thousand
  • Parks and recreation$174 thousand

Amounts are by Census type of charge.

Federal tax money3.8%

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

From the federal government
3.8%$474 thousand

State tax money2.3%

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

From the state
2.3%$288 thousand

Fines and other0.5%

Interest, rents and other
0.3%$36 thousand
Fines
0.3%$33 thousand

Where it goes

Water, sewer, trash and utilities61%Police, fire, courts and jails12%Parks, recreation and libraries11%Roads, transit and parking6.6%Interest on debt4.9%Running the government and other costs4.9%

What stands out

61%

of Grayson's 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
61%$6.8 million
What's in water, sewer, trash and utilitiesWater supply; gas supply and 2 more
  • Water supply$2.8 million
  • Gas supply$1.5 million
  • Sewer systems$1.4 million
  • Garbage and solid waste$999 thousand
Police, fire, courts and jails
12%$1.3 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$940 thousand
  • Fire protection$409 thousand
Parks, recreation and libraries
11%$1.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.2 million
Roads, transit and parking
6.6%$742 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$742 thousand
Interest on debt
4.9%$550 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$314 thousand
  • Interest on water supply debt$236 thousand
Running the government and other costs
4.9%$544 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$544 thousand
Sources and moreWhere these numbers come from and what they cover

City of Grayson. 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 Grayson 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.