City government · Hart County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Munfordville took in $2.8 million and spent $2.5 million.

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

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Where it comes from

City taxes50%Fees for services (water, sewer)31%County and local tax money12%State tax money3.4%Fines and other3.3%Federal tax money0.8%

What stands out

30%

of Munfordville's money comes from taxes other than property, sales and income taxes.A typical U.S. city, town or village of under 10,000 people gets 2.5%.

City taxes50%

Other taxes
30%$823 thousand
What's in other taxesOther selective sales taxes; insurance premium taxes and 2 more
  • Other selective sales taxes$406 thousand
  • Insurance premium taxes$304 thousand
  • Public utility taxes$82 thousand
  • Occupation and business licenses$31 thousand

Amounts are by Census tax category.

Property tax
11%$310 thousand
Individual income tax
9.2%$257 thousand

Fees for services31%

Fees for services
31%$851 thousand
What's in fees for servicesWater; sewer and 2 more
  • Water$542 thousand
  • Sewer$267 thousand
  • Other service charges$24 thousand
  • Other government-run businesses$18 thousand

Amounts are by Census type of charge.

Federal tax money0.8%

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

From the federal government
0.8%$23 thousand

State tax money3.4%

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

From the state
3.4%$95 thousand

County and local tax money12%

Money passed on by the county or other local governments.

From the county and other local governments
12%$336 thousand

Fines and other3.3%

Interest, rents and other
3.3%$92 thousand

Where it goes

Running the government and other costs31%Water, sewer, trash and utilities23%Police, fire, courts and jails22%Sent to other local governments17%Roads, transit and parking4.5%All other spending2.2%

What stands out

17%

of Munfordville's spending goes to local governments.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
31%$773 thousand
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)$409 thousand
  • Other and not broken out$364 thousand
Water, sewer, trash and utilities
23%$579 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$525 thousand
  • Sewer systems$54 thousand
Police, fire, courts and jails
22%$541 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$493 thousand
  • Fire protection$48 thousand
Sent to other local governments
17%$434 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$434 thousand
Roads, transit and parking
4.5%$112 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$112 thousand
Interest on debt
2.0%$49 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$30 thousand
  • Interest on general debt$19 thousand
Parks, recreation and libraries
0.2%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Munfordville. 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 Munfordville 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.