County government · Woodford County, KY

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

In the latest recorded fiscal year (ended June 30, 2024), Woodford County took in $27.5 million and spent $24.7 million.

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

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Where it comes from

County taxes46%State tax money25%Fines and other13%Fees for services (hospital bills, garbage collection)7.6%Federal tax money6.5%Local tax money2.7%

What stands out

35%

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

County taxes46%

Individual income tax
35%$9.7 million
Property tax
7.9%$2.2 million
Other taxes
2.4%$666 thousand
What's in other taxesReal estate and stock transfer taxes; other selective sales taxes and 2 more
  • Real estate and stock transfer taxes$254 thousand
  • Other selective sales taxes$205 thousand
  • Corporation licenses$116 thousand
  • Public utility taxes$91 thousand

Amounts are by Census tax category.

Fees for services7.6%

Fees for services
7.6%$2.1 million
What's in fees for servicesOther service charges; hospital bills and 1 more
  • Other service charges$1.1 million
  • Hospital bills$592 thousand
  • Garbage collection$405 thousand

Amounts are by Census type of charge.

Federal tax money6.5%

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

From the federal government
6.5%$1.8 million

State tax money25%

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

From the state
25%$6.8 million

Local tax money2.7%

Money passed on by the county or other local governments.

From other local governments
2.7%$735 thousand

Fines and other13%

Interest, rents and other
13%$3.5 million

Where it goes

Running the government and other costs31%Police, fire, courts and jails28%Health and hospitals21%Parks, recreation and libraries6.0%Roads, transit and parking6.0%All other spending7.5%

What stands out

21%

of Woodford County's spending goes to health services and hospitals.A typical U.S. county of under 50,000 people spends 4.8%.

Spending by category100%

Running the government and other costs
31%$7.7 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$3.5 million
  • Central staff services (personnel, purchasing, technology)$2.2 million
  • Government buildings$1.3 million
  • Finance, tax collection and budgeting$662 thousand
Police, fire, courts and jails
28%$7.0 million
What's in police, fire, courts and jailsPolice; prisons and jails and 2 more
  • Police$4.3 million
  • Prisons and jails$2.3 million
  • Courts and legal services$353 thousand
  • Fire protection$27 thousand
Health and hospitals
21%$5.2 million
What's in health and hospitalsPublic health
  • Public health$5.2 million
Parks, recreation and libraries
6.0%$1.5 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.5 million
Roads, transit and parking
6.0%$1.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.5 million
Water, sewer, trash and utilities
4.5%$1.1 million
What's in water, sewer, trash and utilitiesGarbage and solid waste
  • Garbage and solid waste$1.1 million
Sent to other local governments
1.7%$420 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$420 thousand
Environment and natural resources
0.8%$187 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$187 thousand
Interest on debt
0.3%$86 thousand
Social services
0.1%$26 thousand
What's in social servicesOther public welfare
  • Other public welfare$26 thousand
Schools and colleges
<0.1%$22 thousand
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$22 thousand
Sources and moreWhere these numbers come from and what they cover

Woodford 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 Woodford 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.