City government · Mercer County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Harrodsburg took in $19.9 million and spent $15.9 million.

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

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Where it comes from

City taxes45%Fees for services (sewer, water)39%Federal tax money12%State tax money2.4%Fines and other1.5%County and local tax money<0.1%

What stands out

24%

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

City taxes45%

Individual income tax
24%$4.8 million
Other taxes
15%$3.1 million
What's in other taxesInsurance premium taxes; public utility taxes and 3 more
  • Insurance premium taxes$2.1 million
  • Public utility taxes$609 thousand
  • Alcoholic beverage licenses$313 thousand
  • Occupation and business licenses$93 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Property tax
3.1%$621 thousand
Business income tax
2.3%$457 thousand

Fees for services39%

Fees for services
39%$7.7 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$3.1 million
  • Water$3.0 million
  • Garbage collection$829 thousand
  • Other service charges$729 thousand

Amounts are by Census type of charge.

Federal tax money12%

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

From the federal government
12%$2.4 million

State tax money2.4%

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

From the state
2.4%$473 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$18 thousand

Fines and other1.5%

Fines
1.1%$214 thousand
Interest, rents and other
0.4%$84 thousand

Where it goes

Water, sewer, trash and utilities48%Police, fire, courts and jails21%Running the government and other costs11%Roads, transit and parking9.8%Parks, recreation and libraries5.1%Interest on debt4.7%

What stands out

48%

of Harrodsburg'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
48%$7.7 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$4.4 million
  • Water supply$2.4 million
  • Garbage and solid waste$858 thousand
Police, fire, courts and jails
21%$3.3 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$2.0 million
  • Fire protection$1.3 million
  • Inspections and regulation$46 thousand
Running the government and other costs
11%$1.8 million
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)$1.2 million
  • Other and not broken out$619 thousand
Roads, transit and parking
9.8%$1.6 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.6 million
Parks, recreation and libraries
5.1%$812 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$812 thousand
Interest on debt
4.7%$744 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$382 thousand
  • Interest on water supply debt$362 thousand
Sources and moreWhere these numbers come from and what they cover

City of Harrodsburg. 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 Harrodsburg 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.