City government · Pike County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Pikeville took in $35.2 million and spent $37.7 million.

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

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Where it comes from

City taxes49%Fees for services (water, sewer)42%Federal tax money7.9%State tax money2.1%County and local tax money0.7%

What stands out

30%

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

City taxes49%

Individual income tax
30%$10.4 million
Other taxes
11%$3.8 million
What's in other taxesOther selective sales taxes; public utility taxes and 2 more
  • Other selective sales taxes$2.7 million
  • Public utility taxes$679 thousand
  • Alcoholic beverage licenses$343 thousand
  • Other licenses$112 thousand

Amounts are by Census tax category.

Business income tax
4.9%$1.7 million
Property tax
3.4%$1.2 million

Fees for services42%

Fees for services
42%$14.8 million
What's in fees for servicesWater; sewer and 6 more
  • Water$4.0 million
  • Sewer$3.0 million
  • Other service charges$2.7 million
  • Garbage collection$1.9 million
  • Housing$1.7 million
  • Gas$1.4 million
  • Other government-run businesses$137 thousand
  • Parking$92 thousand

Amounts are by Census type of charge.

Federal tax money7.9%

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

From the federal government
7.9%$2.8 million

State tax money2.1%

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

From the state
2.1%$736 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$263 thousand

Fines and other-1.5%

Fines
0.5%$171 thousand
Interest, rents and other
-2.0%-$690 thousand

Where it goes

Water, sewer, trash and utilities32%Police, fire, courts and jails17%Housing and community development17%Running the government and other costs15%Sent to other local governments7.4%All other spending11%

What stands out

17%

of Pikeville's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Water, sewer, trash and utilities
32%$12.0 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 2 more
  • Sewer systems$4.4 million
  • Water supply$3.9 million
  • Garbage and solid waste$2.3 million
  • Gas supply$1.4 million
Police, fire, courts and jails
17%$6.5 million
What's in police, fire, courts and jailsFire protection; police and 1 more
  • Fire protection$3.4 million
  • Police$3.0 million
  • Inspections and regulation$109 thousand
Housing and community development
17%$6.4 million
Running the government and other costs
15%$5.8 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)$4.5 million
  • Other and not broken out$1.3 million
Sent to other local governments
7.4%$2.8 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$2.8 million
Roads, transit and parking
6.6%$2.5 million
What's in roads, transit and parkingRoads and highways and parking
  • Roads and highways$2.4 million
  • Parking$84 thousand
Parks, recreation and libraries
2.8%$1.0 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.0 million
Interest on debt
1.9%$728 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$640 thousand
  • Interest on water supply debt$88 thousand
Sources and moreWhere these numbers come from and what they cover

City of Pikeville. 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 Pikeville 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.