City government · Bourbon County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Paris took in $22.7 million and spent $18.5 million.

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

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Where it comes from

Fees for services (electric power, water)47%City taxes43%Federal tax money3.2%County and local tax money2.5%State tax money2.4%Fines and other2.3%

What stands out

20%

of Paris' money comes from a personal income tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes43%

Individual income tax
20%$4.5 million
Other taxes
13%$3.0 million
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$2.5 million
  • Public utility taxes$439 thousand
  • Alcoholic beverage licenses$48 thousand
  • Other licenses$6 thousand

Amounts are by Census tax category.

Business income tax
5.4%$1.2 million
Property tax
4.9%$1.1 million

Fees for services47%

Fees for services
47%$10.6 million
What's in fees for servicesElectric power; water and 3 more
  • Electric power$5.4 million
  • Water$2.4 million
  • Sewer$2.3 million
  • Other service charges$340 thousand
  • Garbage collection$190 thousand

Amounts are by Census type of charge.

Federal tax money3.2%

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

From the federal government
3.2%$721 thousand

State tax money2.4%

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

From the state
2.4%$551 thousand

County and local tax money2.5%

Money passed on by the county or other local governments.

From the county and other local governments
2.5%$562 thousand

Fines and other2.3%

Interest, rents and other
2.3%$515 thousand
Fines
<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities51%Police, fire, courts and jails25%Running the government and other costs11%Sent to other local governments6.8%Roads, transit and parking5.9%Interest on debt0.6%

What stands out

51%

of Paris' spending goes to water, sewer, trash and other utilities.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Water, sewer, trash and utilities
51%$9.4 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$4.6 million
  • Water supply$2.1 million
  • Sewer systems$1.4 million
  • Garbage and solid waste$1.3 million
Police, fire, courts and jails
25%$4.6 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$3.0 million
  • Fire protection$1.5 million
Running the government and other costs
11%$2.0 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)$1.3 million
  • Other and not broken out$772 thousand
Sent to other local governments
6.8%$1.3 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$1.3 million
Roads, transit and parking
5.9%$1.1 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.1 million
Interest on debt
0.6%$118 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$117 thousand
  • Interest on general debt$1 thousand
Sources and moreWhere these numbers come from and what they cover

City of Paris. 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 Paris 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.