Town Hall · Loretto

Loretto, KY town hall & government

Loretto spent $773,000 in the year to June 30, 2022, about $1,117 per resident.

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

Town budget

Where Loretto's money goes

Spent
$773,000
fiscal year to June 30, 2022
Per resident
$1,117
typical Kentucky cities: $1,340
Long-term debt
$484,000
$699 per resident
Sewer & trash
$359,00046%
Administration & buildings
$195,00025%
Roads & transportation
$91,00012%
Fire
$65,0008%
Parks & libraries
$38,0005%
Interest on debt
$25,0003%

Where the money comes from

  • Property taxes 53%
  • Fees & charges 28%
  • Sales taxes 9%
  • Interest, fines & other 4%
  • From the state 3%
  • From the federal government 2%
  • From other local governments 1%
Town workforce · Census estimate

Who works for Loretto

Full-time staff
1
9 part-time too
Average full-time pay
$28,900
a year, before benefits
Administration & buildings
1 full-time6 part
Sewer & trash
0 full-time2 part
Other
0 full-time1 part

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate. Loretto didn't report its staffing to the Census Bureau, so these are the Bureau's estimates.

Schools · school year 2023–24

Marion County School District

Loretto's K–12 school district, shared with Bradfordsville, Lebanon, Raywick and St. Mary. It is its own government, with a budget separate from the town's.

Spending per pupil
$13,969
Kentucky: $14,752
Students
3,129
in the whole district
Long-term debt
$32 million
at year end

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

  • Local 34%
  • State 48%
  • Federal 18%

Of the $13,969 per pupil, $8,654 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 Loretto pay

Typical tax bill
$1,005
a year · Kentucky typical $1,544
Effective rate
0.55%
of home value · Kentucky 0.75%
Typical home value
$183,100
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. In a town this small the survey estimate has a wide margin.

Local

Contact Loretto's government

Town hall & decisions in Loretto →

Beyond town hall

Who represents Loretto

Loretto is represented in Congress by Senators Mitch McConnell and Rand Paul and Representative James Comer. Andy Beshear is governor.

All of Loretto'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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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01