City government · Estill County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Ravenna took in $355 thousand and spent $241 thousand.

Latest recorded year: ended June 30, 2022Comes fromGoes to

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Where it comes from

City taxes53%Federal tax money20%Fees for services (garbage collection, parks and recreation)16%Fines and other5.9%State tax money5.4%

What stands out

20%

of Ravenna's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes53%

Other taxes
27%$96 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 1 more
  • Insurance premium taxes$73 thousand
  • Public utility taxes$20 thousand
  • Occupation and business licenses$3 thousand

Amounts are by Census tax category.

Property tax
26%$91 thousand

Fees for services16%

Fees for services
16%$56 thousand
What's in fees for servicesGarbage collection; other service charges and 1 more
  • Garbage collection$53 thousand
  • Other service charges$2 thousand
  • Parks and recreation$1 thousand

Amounts are by Census type of charge.

Federal tax money20%

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

From the federal government
20%$72 thousand

State tax money5.4%

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

From the state
5.4%$19 thousand

Fines and other5.9%

Interest, rents and other
5.9%$21 thousand

Where it goes

Running the government and other costs52%Police, fire, courts and jails22%Water, sewer, trash and utilities21%Roads, transit and parking5.0%

What stands out

52%

of Ravenna's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
52%$125 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)$118 thousand
  • Other and not broken out$7 thousand
Police, fire, courts and jails
22%$53 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$43 thousand
  • Fire protection$10 thousand
Water, sewer, trash and utilities
21%$51 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$51 thousand
Roads, transit and parking
5.0%$12 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$12 thousand
Sources and moreWhere these numbers come from and what they cover

City of Ravenna. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Ravenna 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.