City government · St Tammany Parish, LA

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

In the latest recorded fiscal year (ended December 31, 2023), Covington took in $25.9 million and spent $21.9 million.

Latest recorded year: ended December 31, 2023Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

City taxes68%Fees for services (sewer, water)20%County and local tax money8.9%State tax money1.8%Fines and other1.5%

What stands out

44%

of Covington's money comes from sales tax.Most U.S. cities of 10,000 to 50,000 people get none.

City taxes68%

Sales tax
44%$11.3 million
Property tax
14%$3.6 million
Other taxes
10%$2.6 million
What's in other taxesOther licenses; public utility licenses and 2 more
  • Other licenses$1.1 million
  • Public utility licenses$950 thousand
  • Occupation and business licenses$559 thousand
  • Alcoholic beverage licenses$26 thousand

Amounts are by Census tax category.

Fees for services20%

Fees for services
20%$5.2 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$2.3 million
  • Water$1.8 million
  • Garbage collection$1.1 million
  • Parks and recreation$43 thousand
  • Other government-run businesses$1 thousand

Amounts are by Census type of charge.

Federal tax money<0.1%

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

From the federal government
<0.1%$2 thousand

State tax money1.8%

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

From the state
1.8%$468 thousand

County and local tax money8.9%

Money passed on by the county or other local governments.

From the county and other local governments
8.9%$2.3 million

Fines and other1.5%

Interest, rents and other
1.3%$329 thousand
Fines
0.2%$59 thousand

Where it goes

Police, fire, courts and jails37%Water, sewer, trash and utilities22%Running the government and other costs19%Roads, transit and parking16%Parks, recreation and libraries5.2%Interest on debt0.9%

What stands out

37%

of Covington's spending goes to police, fire, courts and jails.A typical U.S. city of 10,000 to 50,000 people spends 24%.

Spending by category100%

Police, fire, courts and jails
37%$8.1 million
What's in police, fire, courts and jailsPolice; fire protection and 1 more
  • Police$5.3 million
  • Fire protection$2.6 million
  • Courts and legal services$159 thousand
Water, sewer, trash and utilities
22%$4.7 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$2.3 million
  • Water supply$1.4 million
  • Garbage and solid waste$1.0 million
Running the government and other costs
19%$4.2 million
What's in running the government and other costsFinance, tax collection and budgeting; central staff services (personnel, purchasing, technology) and 1 more
  • Finance, tax collection and budgeting$2.2 million
  • Central staff services (personnel, purchasing, technology)$1.9 million
  • Other and not broken out$40 thousand
Roads, transit and parking
16%$3.5 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$3.5 million
Parks, recreation and libraries
5.2%$1.1 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$1.1 million
Interest on debt
0.9%$193 thousand
Sources and moreWhere these numbers come from and what they cover

City of Covington. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Covington 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.