County government · Madison County, KY

Madison County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Madison County took in $38.0 million and spent $33.3 million.

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

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Where it comes from

State tax money42%County taxes31%Fees for services (hospital bills, road charges)8.4%Local tax money7.9%Federal tax money6.8%Fines and other4.4%

What stands out

20%

of Madison County's money comes from a personal income tax.Most U.S. counties of 50,000 to 250,000 people get none.

County taxes31%

Individual income tax
20%$7.7 million
Property tax
7.5%$2.9 million
Other taxes
3.0%$1.1 million
What's in other taxesOther selective sales taxes; public utility taxes and 4 more
  • Other selective sales taxes$382 thousand
  • Public utility taxes$212 thousand
  • Corporation licenses$194 thousand
  • Real estate and stock transfer taxes$175 thousand
  • Occupation and business licenses$158 thousand
  • Alcoholic beverage licenses$20 thousand

Amounts are by Census tax category.

Fees for services8.4%

Fees for services
8.4%$3.2 million
What's in fees for servicesHospital bills; other service charges and 1 more
  • Hospital bills$3.0 million
  • Other service charges$180 thousand
  • Road charges$4 thousand

Amounts are by Census type of charge.

Federal tax money6.8%

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

From the federal government
6.8%$2.6 million

State tax money42%

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

From the state
42%$15.9 million

Local tax money7.9%

Money passed on by the county or other local governments.

From other local governments
7.9%$3.0 million

Fines and other4.4%

Interest, rents and other
4.4%$1.7 million

Where it goes

Health and hospitals31%Police, fire, courts and jails29%Running the government and other costs17%Roads, transit and parking9.2%Water, sewer, trash and utilities9.0%All other spending4.0%

What stands out

31%

of Madison County's spending goes to health services and hospitals.A typical U.S. county of 50,000 to 250,000 people spends 5.7%.

Spending by category100%

Health and hospitals
31%$10.5 million
What's in health and hospitalsPublic health
  • Public health$10.5 million
Police, fire, courts and jails
29%$9.7 million
What's in police, fire, courts and jailsPolice; prisons and jails and 3 more
  • Police$4.8 million
  • Prisons and jails$2.6 million
  • Courts and legal services$1.5 million
  • Fire protection$532 thousand
  • Inspections and regulation$175 thousand
Running the government and other costs
17%$5.8 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 2 more
  • Other and not broken out$4.0 million
  • Finance, tax collection and budgeting$1.0 million
  • Central staff services (personnel, purchasing, technology)$548 thousand
  • Government buildings$190 thousand
Roads, transit and parking
9.2%$3.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.1 million
Water, sewer, trash and utilities
9.0%$3.0 million
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$2.8 million
  • Garbage and solid waste$179 thousand
Parks, recreation and libraries
2.7%$888 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$888 thousand
Interest on debt
1.4%$459 thousand
Social services
<0.1%$2 thousand
What's in social servicesOther public welfare
  • Other public welfare$2 thousand
Environment and natural resources
<0.1%$1 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$1 thousand
Sources and moreWhere these numbers come from and what they cover

Madison County. 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 Madison County 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.