Town Hall · Cold Spring

Cold Spring, KY town hall & government

Cold Spring spent $4.7 million in the year to June 30, 2023, about $752 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Cold Spring's government.

Town budget

Where Cold Spring's money goes

Spent
$4.7 million
fiscal year to June 30, 2023
Per resident
$752
typical Kentucky cities: $1,581
Long-term debt
None
none outstanding at year end
Police
$1.9 million40%
Administration & buildings
$1.1 million24%
Roads & transportation
$1.1 million23%
Interest on debt
$260,0006%
Parks & libraries
$35,0001%
Courts, inspections & corrections
$22,000<1%
Other
$322,0007%

Where the money comes from

  • Income taxes 30%
  • Property taxes 22%
  • Sales taxes 18%
  • From the federal government 10%
  • Fees & charges 8%
  • From the state 4%
  • Utility sales 4%
  • Interest, fines & other 3%
  • Other taxes & licenses 1%
Town workforce

Who works for Cold Spring

Full-time staff
17
10 part-time too
Average full-time pay
$62,100
a year, before benefits
Sworn police officers
12
full-time, with power of arrest
Police
12 full-time2 part
Roads & transportation
5 full-time
Administration & buildings
0 full-time8 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Campbell County School District

Cold Spring's K–12 school district, shared with Alexandria, California, Crestview, Melbourne, Mentor and Silver Grove. It is its own government, with a budget separate from the town's.

Spending per pupil
$14,103
Kentucky: $14,752
Students
5,180
in the whole district
Long-term debt
$30.9 million
at year end

Where the district's money comes from Kentucky districts overall: 37% local, 46% state, 17% federal

  • Local 52%
  • State 36%
  • Federal 12%

Of the $14,103 per pupil, $8,031 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Cold Spring pay

Typical tax bill
$2,369
a year · Kentucky typical $1,544
Effective rate
0.93%
of home value · Kentucky 0.75%
Typical home value
$253,600
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate.

Local

Contact Cold Spring's government

🏛️ Official websitecoldspringky.com ↗

Town hall & decisions in Cold Spring →

Beyond town hall

Who represents Cold Spring

Cold Spring is represented in Congress by Senators Mitch McConnell and Rand Paul and Representative Thomas Massie. Andy Beshear is governor.

All of Cold Spring's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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Cold Spring

Kentucky · KY
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