City government · Fulton County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Hickman took in $3.8 million and spent $290 thousand.

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

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Where it comes from

City taxes54%Fees for services (gas, water)44%County and local tax money0.9%Fines and other0.5%State tax money0.3%

What stands out

33%

of Hickman's money comes from business income taxes.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes54%

Business income tax
33%$1.3 million
Individual income tax
10%$384 thousand
Property tax
6.0%$226 thousand
Other taxes
4.5%$170 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$100 thousand
  • Public utility taxes$52 thousand
  • Occupation and business licenses$17 thousand
  • Alcoholic beverage licenses$1 thousand

Amounts are by Census tax category.

Fees for services44%

Fees for services
44%$1.7 million
What's in fees for servicesGas; water and 1 more
  • Gas$753 thousand
  • Water$525 thousand
  • Sewer$395 thousand

Amounts are by Census type of charge.

State tax money0.3%

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

From the state
0.3%$11 thousand

County and local tax money0.9%

Money passed on by the county or other local governments.

From the county and other local governments
0.9%$35 thousand

Fines and other0.5%

Interest, rents and other
0.5%$19 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Police, fire, courts and jails43%Running the government and other costs30%Water, sewer, trash and utilities23%Interest on debt3.4%

Spending by category100%

Police, fire, courts and jails
43%$124 thousand
What's in police, fire, courts and jailsPolice
  • Police$124 thousand
Running the government and other costs
30%$88 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other government-run businesses and 1 more
  • Central staff services (personnel, purchasing, technology)$71 thousand
  • Other government-run businesses$14 thousand
  • Other and not broken out$3 thousand
Water, sewer, trash and utilities
23%$68 thousand
What's in water, sewer, trash and utilitiesGas supply and water supply
  • Gas supply$48 thousand
  • Water supply$20 thousand
Interest on debt
3.4%$10 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hickman. 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 Hickman 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.