City government · Floyd County, KY

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

In the latest recorded fiscal year (ended June 30, 2022), Wheelwright took in $400 thousand and spent $351 thousand.

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

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Where it comes from

County and local tax money38%City taxes37%Federal tax money16%State tax money5.0%Fees for services3.3%

What stands out

38%

of Wheelwright's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes37%

Property tax
25%$101 thousand
Other taxes
9.3%$37 thousand
What's in other taxesInsurance premium taxes and public utility taxes
  • Insurance premium taxes$23 thousand
  • Public utility taxes$14 thousand

Amounts are by Census tax category.

Individual income tax
2.8%$11 thousand

Fees for services3.3%

Fees for services
3.3%$13 thousand
What's in fees for servicesOther service charges
  • Other service charges$13 thousand

Amounts are by Census type of charge.

Federal tax money16%

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

From the federal government
16%$65 thousand

State tax money5.0%

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

From the state
5.0%$20 thousand

County and local tax money38%

Money passed on by the county or other local governments.

From the county and other local governments
38%$153 thousand

Where it goes

Running the government and other costs62%Police, fire, courts and jails19%Parks, recreation and libraries13%Water, sewer, trash and utilities6.0%

What stands out

62%

of Wheelwright'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
62%$219 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology)
  • Central staff services (personnel, purchasing, technology)$219 thousand
Police, fire, courts and jails
19%$65 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$48 thousand
  • Fire protection$17 thousand
Parks, recreation and libraries
13%$46 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$46 thousand
Water, sewer, trash and utilities
6.0%$21 thousand
What's in water, sewer, trash and utilitiesElectric power
  • Electric power$21 thousand
Sources and moreWhere these numbers come from and what they cover

City of Wheelwright. 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 Wheelwright 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.