City government · Robertson County, KY

Mount Olivet's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Mount Olivet took in $671 thousand and spent $456 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

Fees for services (water, sewer)45%City taxes26%State tax money16%Federal tax money13%

What stands out

16%

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

City taxes26%

Individual income tax
16%$107 thousand
Other taxes
5.5%$37 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 1 more
  • Insurance premium taxes$20 thousand
  • Public utility taxes$16 thousand
  • Occupation and business licenses$1 thousand

Amounts are by Census tax category.

Property tax
4.6%$31 thousand

Fees for services45%

Fees for services
45%$301 thousand
What's in fees for servicesWater and sewer
  • Water$166 thousand
  • Sewer$135 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$89 thousand

State tax money16%

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

From the state
16%$106 thousand

Where it goes

Running the government and other costs54%Water, sewer, trash and utilities47%Sent to other local governments2.2%Roads, transit and parking0.7%Interest on debt0.7%

What stands out

54%

of Mount Olivet's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
54%$247 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$247 thousand
Water, sewer, trash and utilities
47%$216 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$132 thousand
  • Sewer systems$84 thousand
Sent to other local governments
2.2%$10 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$10 thousand
Roads, transit and parking
0.7%$3 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3 thousand
Interest on debt
0.7%$3 thousand
Police, fire, courts and jails
-5.0%-$23 thousand
What's in police, fire, courts and jailsPolice
  • Police-$23 thousand
Sources and moreWhere these numbers come from and what they cover

City of Mount Olivet. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Mount Olivet 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.