The “tax dollars at work” in the city’s budget come from several sources.
Most of the money comes from Louisville workers, businesses and property owners.
In the city's budget for the 2011-12 fiscal year, payroll taxes, or occupational license taxes, make up more than 53 percent of the city’s general tax revenue. Everyone who works in Louisville pays a share from their paychecks. Louisville’s businesses and companies also pay a share, known as the net profits tax.
Property taxes – based on the assessment or value of real estate such as homes and businesses, and personal property such as vehicles – account for nearly 26 percent of the city’s revenue in the recommended budget.
Other smaller sources of funds for Louisville Metro Government include grants from the state and federal governments and various fees and permits.
For a detailed summary of the city’s revenue sources, click here.
To see a list of revenue estimates and receipts for the 2011-12 budget, click on the links below.
To see the full current-year budget, click here.
To view budgets from past years, click on any of the links below.