Prospect, KY town hall & government
Prospect spent $4.7 million in the year to June 30, 2022, about $974 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Prospect's government.
Where Prospect's money goes
Where the money comes from
- Property taxes 39%
- From the state 30%
- Sales taxes 30%
- Other taxes & licenses 1%
- Fees & charges <1%
- Interest, fines & other <1%
Who works for Prospect
Staff on the town's payroll in March 2025. Pay is March payroll times twelve, so it's approximate.
Jefferson County School District
Prospect's K–12 school district, shared with Audubon Park, Bancroft, Barbourmeade, Beechwood Village, Bellemeade and Bellewood. It is its own government, with a budget separate from the town's.
Where the district's money comes from Kentucky districts overall: 37% local, 46% state, 17% federal
- Local 54%
- State 32%
- Federal 14%
Of the $18,739 per pupil, $9,906 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.
Which schools Prospect kids attend, test scores and graduation rate →
What homeowners in Prospect pay
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.
Contact Prospect's government
Who represents Prospect
Prospect is represented in Congress by Senators Mitch McConnell and Rand Paul and Representatives Morgan McGarvey and Thomas Massie. Andy Beshear is governor.
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.