City government · Henderson County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Henderson took in $125 million and spent $122 million.

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

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Where it comes from

Fees for services (gas, water)52%City taxes24%County and local tax money8.9%Fines and other6.8%Federal tax money6.4%State tax money1.8%

What stands out

8.3%

of Henderson's money comes from a personal income tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes24%

Individual income tax
8.3%$10.5 million
Property tax
7.1%$8.9 million
Other taxes
6.8%$8.5 million
What's in other taxesInsurance premium taxes; public utility taxes and 4 more
  • Insurance premium taxes$7.2 million
  • Public utility taxes$926 thousand
  • Other selective sales taxes$240 thousand
  • Other licenses$111 thousand
  • Alcoholic beverage licenses$32 thousand
  • Other taxes not classified elsewhere$9 thousand

Amounts are by Census tax category.

Business income tax
1.9%$2.4 million
Sales tax
0.3%$328 thousand

Fees for services52%

Fees for services
52%$64.8 million
What's in fees for servicesGas; water and 6 more
  • Gas$28.6 million
  • Water$27.3 million
  • Garbage collection$5.3 million
  • Housing$2.5 million
  • Other service charges$672 thousand
  • Parks and recreation$334 thousand
  • Airport$129 thousand
  • Transit fares$30 thousand

Amounts are by Census type of charge.

Federal tax money6.4%

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

From the federal government
6.4%$8.1 million

State tax money1.8%

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

From the state
1.8%$2.2 million

County and local tax money8.9%

Money passed on by the county or other local governments.

From the county and other local governments
8.9%$11.2 million

Fines and other6.8%

Interest, rents and other
5.4%$6.8 million
Fines
1.4%$1.7 million

Where it goes

Water, sewer, trash and utilities52%Running the government and other costs18%Police, fire, courts and jails9.4%Interest on debt5.9%Sent to other local governments4.8%All other spending9.5%

What stands out

52%

of Henderson'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
52%$63.7 million
What's in water, sewer, trash and utilitiesWater supply; gas supply and 1 more
  • Water supply$30.3 million
  • Gas supply$27.2 million
  • Garbage and solid waste$6.1 million
Running the government and other costs
18%$22.2 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$12.7 million
  • Central staff services (personnel, purchasing, technology)$9.3 million
  • Finance, tax collection and budgeting$245 thousand
Police, fire, courts and jails
9.4%$11.5 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$5.9 million
  • Fire protection$5.2 million
  • Inspections and regulation$306 thousand
Interest on debt
5.9%$7.1 million
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
  • Interest on general debt$3.1 million
  • Interest on water supply debt$2.8 million
  • Interest on electric power debt$1.2 million
Sent to other local governments
4.8%$5.9 million
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$5.9 million
Roads, transit and parking
4.1%$5.0 million
What's in roads, transit and parkingRoads and highways; public transit and 1 more
  • Roads and highways$3.3 million
  • Public transit$964 thousand
  • Airports$757 thousand
Housing and community development
3.9%$4.8 million
Parks, recreation and libraries
1.5%$1.8 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.8 million
Sources and moreWhere these numbers come from and what they cover

City of Henderson. 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 Henderson 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.