City government · Jefferson County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Riverwood took in $345 thousand and spent $237 thousand.

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

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Where it comes from

City taxes59%Federal tax money36%State tax money4.3%Fees for services0.9%

What stands out

36%

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

City taxes59%

Property tax
44%$151 thousand
Other taxes
15%$53 thousand
What's in other taxesInsurance premium taxes
  • Insurance premium taxes$53 thousand

Amounts are by Census tax category.

Fees for services0.9%

Fees for services
0.9%$3 thousand
What's in fees for servicesOther government-run businesses
  • Other government-run businesses$3 thousand

Amounts are by Census type of charge.

Federal tax money36%

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

From the federal government
36%$123 thousand

State tax money4.3%

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

From the state
4.3%$15 thousand

Where it goes

Water, sewer, trash and utilities29%Parks, recreation and libraries28%Running the government and other costs24%Roads, transit and parking11%Police, fire, courts and jails7.2%

What stands out

28%

of Riverwood's spending goes to parks, recreation and libraries.A typical U.S. city, town or village of under 10,000 people spends 2.2%.

Spending by category100%

Water, sewer, trash and utilities
29%$69 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$69 thousand
Parks, recreation and libraries
28%$66 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$66 thousand
Running the government and other costs
24%$58 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$58 thousand
Roads, transit and parking
11%$27 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$27 thousand
Police, fire, courts and jails
7.2%$17 thousand
What's in police, fire, courts and jailsPolice
  • Police$17 thousand
Sources and moreWhere these numbers come from and what they cover

City of Riverwood. 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 Riverwood 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.