City government · Butler County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Morgantown took in $6.8 million and spent $6.7 million.

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

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Where it comes from

City taxes53%Fees for services (gas, water)37%Federal tax money4.8%Fines and other3.1%State tax money1.6%County and local tax money0.6%

What stands out

34%

of Morgantown's money comes from a personal income tax.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes53%

Individual income tax
34%$2.3 million
Other taxes
14%$938 thousand
What's in other taxesInsurance premium taxes; other selective sales taxes and 3 more
  • Insurance premium taxes$468 thousand
  • Other selective sales taxes$362 thousand
  • Alcoholic beverage licenses$96 thousand
  • Public utility taxes$11 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Property tax
5.1%$347 thousand

Fees for services37%

Fees for services
37%$2.5 million
What's in fees for servicesGas; water and 2 more
  • Gas$1.3 million
  • Water$1.0 million
  • Other service charges$181 thousand
  • Parks and recreation$48 thousand

Amounts are by Census type of charge.

Federal tax money4.8%

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

From the federal government
4.8%$325 thousand

State tax money1.6%

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

From the state
1.6%$108 thousand

County and local tax money0.6%

Money passed on by the county or other local governments.

From the county and other local governments
0.6%$39 thousand

Fines and other3.1%

Interest, rents and other
2.8%$192 thousand
Fines
0.3%$20 thousand

Where it goes

Water, sewer, trash and utilities29%Housing and community development27%Running the government and other costs15%Police, fire, courts and jails11%Roads, transit and parking9.0%All other spending8.7%

What stands out

27%

of Morgantown's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
29%$2.0 million
What's in water, sewer, trash and utilitiesGas supply and water supply
  • Gas supply$1.1 million
  • Water supply$893 thousand
Housing and community development
27%$1.8 million
Running the government and other costs
15%$1.0 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)$894 thousand
  • Other and not broken out$112 thousand
Police, fire, courts and jails
11%$707 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$692 thousand
  • Fire protection$15 thousand
Roads, transit and parking
9.0%$604 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$604 thousand
Parks, recreation and libraries
8.2%$550 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$550 thousand
Sent to other local governments
0.4%$30 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$30 thousand
Sources and moreWhere these numbers come from and what they cover

City of Morgantown. 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 Morgantown 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.