City government · King County, WA

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

In the latest recorded fiscal year (ended December 31, 2021), Covington took in $42.0 million and spent $34.9 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes48%State tax money33%Fees for services (sewer, parks and recreation)17%County and local tax money2.0%Fines and other0.7%

What stands out

18%

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

City taxes48%

Other taxes
23%$9.5 million
What's in other taxesOther licenses; public utility taxes and 3 more
  • Other licenses$4.5 million
  • Public utility taxes$2.7 million
  • Real estate and stock transfer taxes$1.8 million
  • Motor vehicle licenses$367 thousand
  • Occupation and business licenses$107 thousand

Amounts are by Census tax category.

Sales tax
18%$7.5 million
Property tax
7.4%$3.1 million

Fees for services17%

Fees for services
17%$7.0 million
What's in fees for servicesSewer; other service charges and 1 more
  • Sewer$3.3 million
  • Other service charges$3.0 million
  • Parks and recreation$701 thousand

Amounts are by Census type of charge.

State tax money33%

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

From the state
33%$13.8 million

County and local tax money2.0%

Money passed on by the county or other local governments.

From the county and other local governments
2.0%$848 thousand

Fines and other0.7%

Interest, rents and other
0.5%$213 thousand
Fines
0.1%$62 thousand

Where it goes

Roads, transit and parking41%Police, fire, courts and jails16%Running the government and other costs11%Parks, recreation and libraries11%Housing and community development7.1%All other spending14%

What stands out

41%

of Covington's spending goes to roads, transit and parking.A typical U.S. city of 10,000 to 50,000 people spends 10%.

Spending by category100%

Roads, transit and parking
41%$14.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$14.2 million
Police, fire, courts and jails
16%$5.5 million
What's in police, fire, courts and jailsPolice; courts and legal services and 3 more
  • Police$5.1 million
  • Courts and legal services$229 thousand
  • Prisons and jails$141 thousand
  • Inspections and regulation$43 thousand
  • Fire protection$27 thousand
Running the government and other costs
11%$3.9 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$1.9 million
  • Finance, tax collection and budgeting$1.2 million
  • Other and not broken out$612 thousand
  • Government buildings$141 thousand
Parks, recreation and libraries
11%$3.8 million
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$3.8 million
Housing and community development
7.1%$2.5 million
Water, sewer, trash and utilities
6.3%$2.2 million
What's in water, sewer, trash and utilitiesSewer systems
  • Sewer systems$2.2 million
Sent to other local governments
5.6%$1.9 million
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$1.9 million
Environment and natural resources
1.6%$562 thousand
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$562 thousand
Interest on debt
0.5%$190 thousand
Health and hospitals
0.3%$113 thousand
What's in health and hospitalsPublic health
  • Public health$113 thousand
Sources and moreWhere these numbers come from and what they cover

City of Covington. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

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.