City government · Grant County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Williamstown took in $15.2 million and spent $13.7 million.

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

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Where it comes from

Fees for services (electric power, water)76%City taxes22%State tax money1.3%Fines and other<0.1%

What stands out

76%

of Williamstown'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 taxes22%

Property tax
13%$1.9 million
Other taxes
6.6%$1.0 million
What's in other taxesInsurance premium taxes; other licenses and 1 more
  • Insurance premium taxes$505 thousand
  • Other licenses$474 thousand
  • Alcoholic beverage licenses$23 thousand

Amounts are by Census tax category.

Individual income tax
3.3%$502 thousand

Fees for services76%

Fees for services
76%$11.6 million
What's in fees for servicesElectric power; water and 4 more
  • Electric power$4.5 million
  • Water$2.6 million
  • Sewer$2.0 million
  • Other government-run businesses$1.8 million
  • Other service charges$560 thousand
  • Garbage collection$259 thousand

Amounts are by Census type of charge.

State tax money1.3%

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

From the state
1.3%$194 thousand

Fines and other<0.1%

Interest, rents and other
<0.1%$11 thousand

Where it goes

Water, sewer, trash and utilities57%Running the government and other costs28%Police, fire, courts and jails10%Roads, transit and parking5.5%

What stands out

57%

of Williamstown'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
57%$7.8 million
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$3.5 million
  • Water supply$2.4 million
  • Sewer systems$1.6 million
  • Garbage and solid waste$253 thousand
Running the government and other costs
28%$3.8 million
What's in running the government and other costsOther government-run businesses; central staff services (personnel, purchasing, technology) and 1 more
  • Other government-run businesses$1.9 million
  • Central staff services (personnel, purchasing, technology)$1.4 million
  • Other and not broken out$475 thousand
Police, fire, courts and jails
10%$1.4 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$881 thousand
  • Fire protection$490 thousand
Roads, transit and parking
5.5%$747 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$747 thousand
Parks, recreation and libraries
<0.1%$5 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$5 thousand
Sources and moreWhere these numbers come from and what they cover

City of Williamstown. 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 City of Williamstown 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.