City government · Kenton County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Ludlow took in $5.3 million and spent $4.2 million.

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

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Where it comes from

City taxes65%Fees for services (garbage collection)12%Federal tax money9.0%Fines and other7.9%State tax money4.8%County and local tax money1.3%

What stands out

21%

of Ludlow's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

City taxes65%

Property tax
31%$1.6 million
Other taxes
21%$1.1 million
What's in other taxesInsurance premium taxes; public utility taxes and 3 more
  • Insurance premium taxes$738 thousand
  • Public utility taxes$287 thousand
  • Other licenses$52 thousand
  • Occupation and business licenses$31 thousand
  • Alcoholic beverage licenses$8 thousand

Amounts are by Census tax category.

Individual income tax
9.3%$491 thousand
Business income tax
3.2%$167 thousand

Fees for services12%

Fees for services
12%$653 thousand
What's in fees for servicesGarbage collection and other service charges
  • Garbage collection$422 thousand
  • Other service charges$231 thousand

Amounts are by Census type of charge.

Federal tax money9.0%

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

From the federal government
9.0%$474 thousand

State tax money4.8%

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

From the state
4.8%$255 thousand

County and local tax money1.3%

Money passed on by the county or other local governments.

From the county and other local governments
1.3%$68 thousand

Fines and other7.9%

Interest, rents and other
7.9%$416 thousand
Fines
<0.1%$4 thousand

Where it goes

Police, fire, courts and jails42%Running the government and other costs22%Parks, recreation and libraries19%Roads, transit and parking14%Interest on debt1.7%

What stands out

42%

of Ludlow's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
42%$1.8 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$1.2 million
  • Fire protection$604 thousand
  • Inspections and regulation$12 thousand
Running the government and other costs
22%$947 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$947 thousand
Parks, recreation and libraries
19%$817 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$817 thousand
Roads, transit and parking
14%$609 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$609 thousand
Interest on debt
1.7%$73 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ludlow. 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 Ludlow 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.