City government · Union County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Morganfield took in $11.1 million and spent $9.8 million.

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

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Where it comes from

Fees for services (gas, water)63%City taxes17%Federal tax money14%State tax money3.6%Fines and other2.6%County and local tax money<0.1%

What stands out

14%

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

City taxes17%

Property tax
11%$1.2 million
Other taxes
6.3%$696 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 1 more
  • Insurance premium taxes$459 thousand
  • Public utility taxes$231 thousand
  • Alcoholic beverage licenses$6 thousand

Amounts are by Census tax category.

Fees for services63%

Fees for services
63%$6.9 million
What's in fees for servicesGas; water and 3 more
  • Gas$2.4 million
  • Water$2.4 million
  • Sewer$1.4 million
  • Garbage collection$505 thousand
  • Other service charges$220 thousand

Amounts are by Census type of charge.

Federal tax money14%

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

From the federal government
14%$1.6 million

State tax money3.6%

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

From the state
3.6%$396 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$8 thousand

Fines and other2.6%

Interest, rents and other
1.5%$162 thousand
Fines
1.1%$125 thousand

Where it goes

Water, sewer, trash and utilities73%Police, fire, courts and jails12%Roads, transit and parking10%Running the government and other costs3.3%Parks, recreation and libraries0.9%Sent to other local governments0.7%

What stands out

73%

of Morganfield's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
73%$7.1 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 2 more
  • Sewer systems$3.4 million
  • Water supply$1.7 million
  • Gas supply$1.5 million
  • Garbage and solid waste$467 thousand
Police, fire, courts and jails
12%$1.2 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$689 thousand
  • Fire protection$489 thousand
Roads, transit and parking
10%$1.0 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.0 million
Running the government and other costs
3.3%$320 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$320 thousand
Parks, recreation and libraries
0.9%$87 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$87 thousand
Sent to other local governments
0.7%$67 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$67 thousand
Sources and moreWhere these numbers come from and what they cover

City of Morganfield. 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 Morganfield 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.