City government · Ohio County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), McHenry took in $89 thousand and spent $95 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes63%State tax money37%

What stands out

37%

of McHenry's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

City taxes63%

Property tax
44%$39 thousand
Other taxes
19%$17 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$15 thousand
  • Other licenses$2 thousand

Amounts are by Census tax category.

State tax money37%

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

From the state
37%$33 thousand

Where it goes

Running the government and other costs58%Police, fire, courts and jails42%

What stands out

42%

of McHenry'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%

Running the government and other costs
58%$55 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$55 thousand
Police, fire, courts and jails
42%$40 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$38 thousand
  • Fire protection$2 thousand
Sources and moreWhere these numbers come from and what they cover

City of McHenry. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of McHenry 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.