Town Hall · Prestonsburg

Prestonsburg, KY town hall & government

Prestonsburg spent $18 million in the year to June 30, 2024, about $4,741 per resident.

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

Town budget

Where Prestonsburg's money goes

Spent
$18 million
fiscal year to June 30, 2024
Per resident
$4,741
typical Kentucky cities: $1,972
Long-term debt
$21.4 million
$5,635 per resident
Water & other utilities
$6.1 million34%
Sewer & trash
$4.7 million26%
Administration & buildings
$1.8 million10%
Police
$1.7 million10%
Fire
$1.5 million8%
Paid to other governments
$745,0004%
Parks & libraries
$322,0002%
Interest on debt
$228,0001%
Roads & transportation
$120,0001%
Other
$732,0004%

Where the money comes from

  • Utility sales 38%
  • Fees & charges 16%
  • Sales taxes 16%
  • Income taxes 14%
  • Interest, fines & other 8%
  • Property taxes 4%
  • Other taxes & licenses 2%
  • From the state 1%
  • From other local governments <1%
Town workforce · Census estimate

Who works for Prestonsburg

Full-time staff
57
32 part-time too
Average full-time pay
$47,400
a year, before benefits
Sworn police officers
11
and 9 full-time firefighters
Parks & libraries
13 full-time22 part
Police
18 full-time1 part
Fire
10 full-time7 part
Roads & transportation
4 full-time
Sewer & trash
4 full-time
Administration & buildings
3 full-time1 part
Health & welfare
1 full-time
Courts, inspections & corrections
0 full-time1 part
Other
4 full-time

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

Schools · school year 2023–24

Floyd County School District

Prestonsburg's K–12 school district, shared with Allen, Martin, Wayland and Wheelwright. It is its own government, with a budget separate from the town's.

Spending per pupil
$13,628
Kentucky: $14,752
Students
5,449
in the whole district
Long-term debt
$48.7 million
at year end

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

  • Local 19%
  • State 51%
  • Federal 30%

Of the $13,628 per pupil, $7,660 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 Prestonsburg pay

Typical tax bill
$1,325
a year · Kentucky typical $1,544
Effective rate
0.82%
of home value · Kentucky 0.75%
Typical home value
$161,300
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 Prestonsburg's government

🏛️ Official websiteprestonsburgky.org ↗

Town hall & decisions in Prestonsburg →

Beyond town hall

Who represents Prestonsburg

Prestonsburg is represented in Congress by Senators Mitch McConnell and Rand Paul and Representative Harold Rogers. Andy Beshear is governor.

All of Prestonsburg'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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Prestonsburg

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