City government · Barren County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Park took in $497 thousand and spent $622 thousand.

Latest recorded year: ended June 30, 2022Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes55%State tax money24%Fines and other16%Fees for services5.2%

What stands out

22%

of Park'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 taxes55%

Other taxes
22%$110 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$90 thousand
  • Public utility taxes$17 thousand
  • Occupation and business licenses$2 thousand
  • Other licenses$1 thousand

Amounts are by Census tax category.

Property tax
22%$108 thousand
Individual income tax
10%$50 thousand
Business income tax
0.8%$4 thousand

Fees for services5.2%

Fees for services
5.2%$26 thousand
What's in fees for servicesOther service charges
  • Other service charges$26 thousand

Amounts are by Census type of charge.

State tax money24%

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

From the state
24%$121 thousand

Fines and other16%

Interest, rents and other
15%$74 thousand
Fines
0.8%$4 thousand

Where it goes

Roads, transit and parking65%Running the government and other costs18%Police, fire, courts and jails13%Parks, recreation and libraries3.7%Interest on debt0.8%

What stands out

65%

of Park's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
65%$404 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$404 thousand
Running the government and other costs
18%$112 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other government-run businesses
  • Central staff services (personnel, purchasing, technology)$108 thousand
  • Other government-run businesses$4 thousand
Police, fire, courts and jails
13%$78 thousand
What's in police, fire, courts and jailsFire protection and police
  • Fire protection$62 thousand
  • Police$16 thousand
Parks, recreation and libraries
3.7%$23 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$23 thousand
Interest on debt
0.8%$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Park. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Park 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.