Town Hall · Monterey

Monterey, KY town hall & government

Monterey spent $8,000 in the year to June 30, 2022, about $59 per resident.

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

Town budget · Census estimate

Where Monterey's money goes

Spent
$8,000
fiscal year to June 30, 2022
Per resident
$59
typical Kentucky cities: $1,340
Long-term debt
None
none outstanding at year end
Administration & buildings
$7,00088%
Roads & transportation
$1,00013%

Where the money comes from

  • From the state 54%
  • Property taxes 38%
  • Interest, fines & other 8%

Monterey didn't report all of its 2022 figures to the Census Bureau, so most of these numbers are the Bureau's estimates.

Schools · school year 2023–24

Owen County School District

Monterey's K–12 school district, shared with Gratz and Owenton. It is its own government, with a budget separate from the town's.

Spending per pupil
$13,941
Kentucky: $14,752
Students
1,687
in the whole district
Long-term debt
$16.5 million
at year end

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

  • Local 29%
  • State 56%
  • Federal 15%

Of the $13,941 per pupil, $8,067 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 Monterey pay

Typical tax bill
$750
a year · Kentucky typical $1,544
Effective rate
0.75%
of home value · Kentucky 0.75%
Typical home value
$100,000
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 Monterey's government

Town hall & decisions in Monterey →

Beyond town hall

Who represents Monterey

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

All of Monterey'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