City government · Spencer County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Taylorsville took in $7.1 million and spent $6.2 million.

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

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Where it comes from

Fees for services (water, sewer)79%City taxes15%State tax money5.8%Fines and other0.1%

What stands out

79%

of Taylorsville's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

City taxes15%

Other taxes
5.8%$411 thousand
What's in other taxesInsurance premium taxes; public utility taxes and 2 more
  • Insurance premium taxes$277 thousand
  • Public utility taxes$86 thousand
  • Occupation and business licenses$37 thousand
  • Alcoholic beverage licenses$11 thousand

Amounts are by Census tax category.

Individual income tax
5.7%$404 thousand
Property tax
3.6%$256 thousand

Fees for services79%

Fees for services
79%$5.6 million
What's in fees for servicesWater; sewer and 2 more
  • Water$4.8 million
  • Sewer$594 thousand
  • Other service charges$103 thousand
  • Garbage collection$101 thousand

Amounts are by Census type of charge.

State tax money5.8%

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

From the state
5.8%$413 thousand

Fines and other0.1%

Interest, rents and other
0.1%$8 thousand
Fines
<0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities80%Police, fire, courts and jails9.2%Roads, transit and parking3.9%Interest on debt3.6%Running the government and other costs3.2%

What stands out

80%

of Taylorsville's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
80%$5.0 million
What's in water, sewer, trash and utilitiesWater supply; sewer systems and 1 more
  • Water supply$4.4 million
  • Sewer systems$479 thousand
  • Garbage and solid waste$111 thousand
Police, fire, courts and jails
9.2%$574 thousand
What's in police, fire, courts and jailsPolice
  • Police$574 thousand
Roads, transit and parking
3.9%$245 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$245 thousand
Interest on debt
3.6%$224 thousand
Running the government and other costs
3.2%$197 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$197 thousand
Sources and moreWhere these numbers come from and what they cover

City of Taylorsville. 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 Taylorsville 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.