City government · Christian County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Hopkinsville took in $117 million and spent $76.7 million.

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

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Where it comes from

Fees for services (electric power, parks and recreation)45%City taxes38%Fines and other7.9%Federal tax money7.5%County and local tax money1.2%State tax money1.2%

What stands out

18%

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

City taxes38%

Individual income tax
18%$21.3 million
Other taxes
9.2%$10.8 million
What's in other taxesInsurance premium taxes; other selective sales taxes and 3 more
  • Insurance premium taxes$6.9 million
  • Other selective sales taxes$2.2 million
  • Public utility taxes$863 thousand
  • Other licenses$790 thousand
  • Alcoholic beverage licenses$39 thousand

Amounts are by Census tax category.

Property tax
5.7%$6.7 million
Business income tax
4.4%$5.2 million

Fees for services45%

Fees for services
45%$52.1 million
What's in fees for servicesElectric power; other service charges and 1 more
  • Electric power$45.0 million
  • Other service charges$6.0 million
  • Parks and recreation$1.2 million

Amounts are by Census type of charge.

Federal tax money7.5%

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

From the federal government
7.5%$8.8 million

State tax money1.2%

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

From the state
1.2%$1.4 million

County and local tax money1.2%

Money passed on by the county or other local governments.

From the county and other local governments
1.2%$1.4 million

Fines and other7.9%

Interest, rents and other
7.6%$8.9 million
Fines
0.2%$276 thousand

Where it goes

Water, sewer, trash and utilities57%Police, fire, courts and jails11%Housing and community development9.9%Sent to other local governments8.2%Running the government and other costs6.9%All other spending7.2%

What stands out

10%

of Hopkinsville's spending goes to housing and community development.Most U.S. cities of 10,000 to 50,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
57%$43.7 million
What's in water, sewer, trash and utilitiesElectric power
  • Electric power$43.7 million
Police, fire, courts and jails
11%$8.2 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$6.9 million
  • Fire protection$1.3 million
Housing and community development
9.9%$7.6 million
Sent to other local governments
8.2%$6.3 million
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$6.1 million
  • Sent to the state government$225 thousand
Running the government and other costs
6.9%$5.3 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)$3.9 million
  • Other and not broken out$1.4 million
Roads, transit and parking
3.5%$2.7 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$2.7 million
Parks, recreation and libraries
2.8%$2.2 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$2.2 million
Interest on debt
0.8%$645 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hopkinsville. 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 Hopkinsville 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.