Town government · Delaware County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Albany took in $3.7 million and spent $2.6 million.

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

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Where it comes from

Fees for services (sewer, water)68%State tax money17%Town taxes9.7%County and local tax money3.1%Fines and other1.5%

What stands out

68%

of Albany's money comes from fees for services such as water, sewer and parking.A typical U.S. city, town or village of under 10,000 people gets 35%.

Town taxes9.7%

Property tax
9.0%$331 thousand
Other taxes
0.7%$26 thousand
What's in other taxesPublic utility taxes and other licenses
  • Public utility taxes$23 thousand
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services68%

Fees for services
68%$2.5 million
What's in fees for servicesSewer; water and 2 more
  • Sewer$1.7 million
  • Water$712 thousand
  • Garbage collection$132 thousand
  • Road charges$1 thousand

Amounts are by Census type of charge.

State tax money17%

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

From the state
17%$638 thousand

County and local tax money3.1%

Money passed on by the county or other local governments.

From the county and other local governments
3.1%$116 thousand

Fines and other1.5%

Interest, rents and other
1.5%$55 thousand
Fines
<0.1%$2 thousand

Where it goes

Running the government and other costs38%Water, sewer, trash and utilities20%Roads, transit and parking12%Interest on debt11%Parks, recreation and libraries8.7%All other spending9.9%

What stands out

11%

of Albany's spending goes to interest on debt.A typical U.S. city, town or village of under 10,000 people spends 1.1%.

Spending by category100%

Running the government and other costs
38%$992 thousand
What's in running the government and other costsOther and not broken out and central staff services (personnel, purchasing, technology)
  • Other and not broken out$548 thousand
  • Central staff services (personnel, purchasing, technology)$444 thousand
Water, sewer, trash and utilities
20%$527 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$224 thousand
  • Water supply$173 thousand
  • Garbage and solid waste$130 thousand
Roads, transit and parking
12%$311 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$311 thousand
Interest on debt
11%$291 thousand
Parks, recreation and libraries
8.7%$227 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$227 thousand
Housing and community development
7.4%$193 thousand
Police, fire, courts and jails
2.5%$66 thousand
What's in police, fire, courts and jailsFire protection
  • Fire protection$66 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Albany. 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 Albany 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.