Town government · Boone County, IN

Advance's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Advance took in $2.4 million and spent $1.8 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)64%State tax money31%Town taxes4.9%County and local tax money0.4%

What stands out

31%

of Advance's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.

Town taxes4.9%

Property tax
4.9%$118 thousand

Fees for services64%

Fees for services
64%$1.5 million
What's in fees for servicesElectric power; sewer and 2 more
  • Electric power$860 thousand
  • Sewer$338 thousand
  • Water$301 thousand
  • Garbage collection$21 thousand

Amounts are by Census type of charge.

State tax money31%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
31%$738 thousand

County and local tax money0.4%

Money passed on by the county or other local governments.

From the county and other local governments
0.4%$9 thousand

Fines and other<0.1%

Interest, rents and other
<0.1%$1 thousand

Where it goes

Water, sewer, trash and utilities71%Running the government and other costs18%Roads, transit and parking7.3%Police, fire, courts and jails1.9%Parks, recreation and libraries1.0%Interest on debt0.7%

What stands out

71%

of Advance's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
71%$1.3 million
What's in water, sewer, trash and utilitiesSewer systems; electric power and 1 more
  • Sewer systems$624 thousand
  • Electric power$562 thousand
  • Water supply$90 thousand
Running the government and other costs
18%$315 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$268 thousand
  • Other and not broken out$47 thousand
Roads, transit and parking
7.3%$131 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$131 thousand
Police, fire, courts and jails
1.9%$34 thousand
What's in police, fire, courts and jailsPolice
  • Police$34 thousand
Parks, recreation and libraries
1.0%$17 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$17 thousand
Interest on debt
0.7%$12 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Advance. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of Town of Advance itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.