County government · Taylor County, KY

Taylor County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Taylor County took in $13.7 million and spent $11.7 million.

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

See every government that serves your ZIP

Where it comes from

County taxes56%State tax money25%Fines and other7.9%Federal tax money5.7%Fees for services (garbage collection, parks and recreation)2.8%Local tax money2.1%

What stands out

41%

of Taylor County's money comes from a personal income tax.Most U.S. counties of under 50,000 people get none.

County taxes56%

Individual income tax
41%$5.5 million
Property tax
11%$1.5 million
Other taxes
4.9%$668 thousand
What's in other taxesPublic utility taxes; other selective sales taxes and 2 more
  • Public utility taxes$215 thousand
  • Other selective sales taxes$196 thousand
  • Corporation licenses$146 thousand
  • Real estate and stock transfer taxes$111 thousand

Amounts are by Census tax category.

Fees for services2.8%

Fees for services
2.8%$382 thousand
What's in fees for servicesOther service charges; garbage collection and 1 more
  • Other service charges$315 thousand
  • Garbage collection$37 thousand
  • Parks and recreation$30 thousand

Amounts are by Census type of charge.

Federal tax money5.7%

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

From the federal government
5.7%$775 thousand

State tax money25%

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

From the state
25%$3.5 million

Local tax money2.1%

Money passed on by the county or other local governments.

From other local governments
2.1%$292 thousand

Fines and other7.9%

Interest, rents and other
7.9%$1.1 million

Where it goes

Running the government and other costs35%Police, fire, courts and jails34%Roads, transit and parking19%Health and hospitals3.8%Parks, recreation and libraries3.4%All other spending5.1%

What stands out

34%

of Taylor County's spending goes to police, fire, courts and jails.A typical U.S. county of under 50,000 people spends 20%.

Spending by category100%

Running the government and other costs
35%$4.1 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 2 more
  • Other and not broken out$2.7 million
  • Central staff services (personnel, purchasing, technology)$845 thousand
  • Finance, tax collection and budgeting$312 thousand
  • Government buildings$216 thousand
Police, fire, courts and jails
34%$4.0 million
What's in police, fire, courts and jailsPrisons and jails; police and 2 more
  • Prisons and jails$2.7 million
  • Police$625 thousand
  • Courts and legal services$573 thousand
  • Fire protection$98 thousand
Roads, transit and parking
19%$2.2 million
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$2.1 million
  • Airports$119 thousand
Health and hospitals
3.8%$451 thousand
What's in health and hospitalsPublic health
  • Public health$451 thousand
Parks, recreation and libraries
3.4%$394 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$394 thousand
Water, sewer, trash and utilities
2.6%$302 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$302 thousand
Interest on debt
1.3%$153 thousand
Environment and natural resources
0.9%$103 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$103 thousand
Social services
0.3%$35 thousand
What's in social servicesOther public welfare
  • Other public welfare$35 thousand
Sources and moreWhere these numbers come from and what they cover

Taylor County. 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 Taylor County 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.