City government · Martin County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Inez took in $225 thousand and spent $117 thousand.

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

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Where it comes from

Federal tax money54%City taxes27%State tax money19%

What stands out

54%

of Inez's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes27%

Property tax
14%$32 thousand
Other taxes
13%$29 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$25 thousand
  • Other licenses$4 thousand

Amounts are by Census tax category.

Federal tax money54%

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

From the federal government
54%$122 thousand

State tax money19%

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

From the state
19%$42 thousand

Where it goes

Roads, transit and parking66%Running the government and other costs34%

What stands out

66%

of Inez's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
66%$77 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$77 thousand
Running the government and other costs
34%$40 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$40 thousand
Sources and moreWhere these numbers come from and what they cover

City of Inez. 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 Inez 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.