City government · Daviess County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Owensboro took in $275 million and spent $235 million.

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

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Where it comes from

Fees for services (electric power, sewer)58%City taxes25%Fines and other7.0%County and local tax money5.5%Federal tax money3.1%State tax money1.6%

What stands out

13%

of Owensboro's money comes from a personal income tax.Most U.S. cities of 50,000+ people get none.

City taxes25%

Individual income tax
13%$36.3 million
Property tax
5.0%$13.7 million
Other taxes
3.8%$10.4 million
What's in other taxesInsurance premium taxes; public utility taxes and 3 more
  • Insurance premium taxes$8.0 million
  • Public utility taxes$1.1 million
  • Other selective sales taxes$1.0 million
  • Alcoholic beverage licenses$153 thousand
  • Other licenses$25 thousand

Amounts are by Census tax category.

Business income tax
2.9%$8.0 million

Fees for services58%

Fees for services
58%$160 million
What's in fees for servicesElectric power; sewer and 9 more
  • Electric power$85.0 million
  • Sewer$30.5 million
  • Water$16.2 million
  • Other service charges$9.7 million
  • Garbage collection$8.1 million
  • Other government-run businesses$4.7 million
  • Housing$2.6 million
  • Parks and recreation$2.2 million
  • Airport$625 thousand
  • Parking$117 thousand
  • Transit fares$104 thousand

Amounts are by Census type of charge.

Federal tax money3.1%

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

From the federal government
3.1%$8.6 million

State tax money1.6%

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

From the state
1.6%$4.4 million

County and local tax money5.5%

Money passed on by the county or other local governments.

From the county and other local governments
5.5%$15.0 million

Fines and other7.0%

Interest, rents and other
6.8%$18.7 million
Fines
0.2%$676 thousand

Where it goes

Water, sewer, trash and utilities52%Running the government and other costs17%Police, fire, courts and jails10%Roads, transit and parking6.4%Housing and community development5.4%All other spending9.7%

What stands out

52%

of Owensboro's spending goes to water, sewer, trash and other utilities.A typical U.S. city of 50,000+ people spends 20%.

Spending by category100%

Water, sewer, trash and utilities
52%$121 million
What's in water, sewer, trash and utilitiesElectric power; sewer systems and 2 more
  • Electric power$78.8 million
  • Sewer systems$25.5 million
  • Water supply$12.1 million
  • Garbage and solid waste$5.1 million
Running the government and other costs
17%$39.2 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); other and not broken out and 1 more
  • Central staff services (personnel, purchasing, technology)$22.3 million
  • Other and not broken out$13.7 million
  • Other government-run businesses$3.2 million
Police, fire, courts and jails
10%$23.5 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$12.5 million
  • Fire protection$10.6 million
  • Inspections and regulation$390 thousand
Roads, transit and parking
6.4%$15.1 million
What's in roads, transit and parkingRoads and highways; airports and 2 more
  • Roads and highways$8.1 million
  • Airports$3.9 million
  • Public transit$2.9 million
  • Parking$150 thousand
Housing and community development
5.4%$12.8 million
Interest on debt
5.3%$12.5 million
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
  • Interest on general debt$8.1 million
  • Interest on water supply debt$2.9 million
  • Interest on electric power debt$1.4 million
Parks, recreation and libraries
3.7%$8.7 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$8.7 million
Sent to other local governments
0.7%$1.7 million
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$1.7 million
Sources and moreWhere these numbers come from and what they cover

City of Owensboro. 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 Owensboro 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.