City government · Hopkins County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Madisonville took in $184 million and spent $190 million.

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

See every government that serves your ZIP

Where it comes from

Fees for services (electric power, sewer)57%City taxes30%Fines and other8.0%Federal tax money2.7%State tax money2.0%County and local tax money0.4%

What stands out

8.2%

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

City taxes30%

Other taxes
18%$32.8 million
What's in other taxesOther licenses; insurance premium taxes and 3 more
  • Other licenses$25.9 million
  • Insurance premium taxes$4.1 million
  • Other selective sales taxes$2.0 million
  • Alcoholic beverage licenses$415 thousand
  • Public utility taxes$413 thousand

Amounts are by Census tax category.

Individual income tax
8.2%$15.2 million
Property tax
2.3%$4.2 million
Business income tax
1.4%$2.5 million

Fees for services57%

Fees for services
57%$106 million
What's in fees for servicesElectric power; sewer and 5 more
  • Electric power$55.9 million
  • Sewer$15.5 million
  • Water$13.3 million
  • Other service charges$10.4 million
  • Garbage collection$9.6 million
  • Parks and recreation$624 thousand
  • Airport$442 thousand

Amounts are by Census type of charge.

Federal tax money2.7%

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

From the federal government
2.7%$5.0 million

State tax money2.0%

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

From the state
2.0%$3.6 million

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$729 thousand

Fines and other8.0%

Interest, rents and other
7.9%$14.6 million
Fines
<0.1%$157 thousand

Where it goes

Water, sewer, trash and utilities47%Running the government and other costs33%Police, fire, courts and jails13%Parks, recreation and libraries3.0%Roads, transit and parking2.1%All other spending1.9%

What stands out

47%

of Madisonville's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
47%$88.6 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$47.4 million
  • Sewer systems$20.7 million
  • Water supply$11.7 million
  • Garbage and solid waste$8.9 million
Running the government and other costs
33%$63.0 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)$37.0 million
  • Other and not broken out$26.0 million
Police, fire, courts and jails
13%$24.8 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$14.1 million
  • Fire protection$10.7 million
Parks, recreation and libraries
3.0%$5.6 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5.6 million
Roads, transit and parking
2.1%$3.9 million
What's in roads, transit and parkingRoads and highways and public transit
  • Roads and highways$2.1 million
  • Public transit$1.8 million
Social services
1.1%$2.0 million
What's in social servicesOther public welfare
  • Other public welfare$2.0 million
Interest on debt
0.8%$1.6 million
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$814 thousand
  • Interest on general debt$773 thousand
Sources and moreWhere these numbers come from and what they cover

City of Madisonville. 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 Madisonville 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.