City government · Bath County, KY

Salt Lick's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Salt Lick took in $119 thousand and spent $71 thousand.

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

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Where it comes from

City taxes60%Fees for services34%Fines and other6.7%

What stands out

50%

of Salt Lick's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes60%

Property tax
50%$59 thousand
Other taxes
10%$12 thousand
What's in other taxesPublic utility taxes
  • Public utility taxes$12 thousand

Amounts are by Census tax category.

Fees for services34%

Fees for services
34%$40 thousand
What's in fees for servicesOther service charges and other government-run businesses
  • Other service charges$30 thousand
  • Other government-run businesses$10 thousand

Amounts are by Census type of charge.

Fines and other6.7%

Interest, rents and other
6.7%$8 thousand

Where it goes

Running the government and other costs80%Water, sewer, trash and utilities20%

What stands out

80%

of Salt Lick'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
80%$57 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)$30 thousand
  • Other and not broken out$27 thousand
Water, sewer, trash and utilities
20%$14 thousand
What's in water, sewer, trash and utilitiesElectric power
  • Electric power$14 thousand
Sources and moreWhere these numbers come from and what they cover

City of Salt Lick. 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 Salt Lick 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.