Town government · Noble County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Albion took in $4.6 million and spent $4.6 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

Town taxes47%Fees for services (water, sewer)32%State tax money12%Fines and other6.4%County and local tax money2.9%

What stands out

46%

of Albion's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

Town taxes47%

Property tax
46%$2.2 million
Other taxes
0.3%$14 thousand
What's in other taxesOther licenses and public utility taxes
  • Other licenses$10 thousand
  • Public utility taxes$4 thousand

Amounts are by Census tax category.

Fees for services32%

Fees for services
32%$1.5 million
What's in fees for servicesWater; sewer and 2 more
  • Water$786 thousand
  • Sewer$681 thousand
  • Other government-run businesses$10 thousand
  • Other service charges$1 thousand

Amounts are by Census type of charge.

State tax money12%

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

From the state
12%$570 thousand

County and local tax money2.9%

Money passed on by the county or other local governments.

From the county and other local governments
2.9%$134 thousand

Fines and other6.4%

Interest, rents and other
6.4%$295 thousand
Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs33%Roads, transit and parking27%Police, fire, courts and jails20%Water, sewer, trash and utilities15%Parks, recreation and libraries4.2%Interest on debt0.3%

What stands out

27%

of Albion's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Running the government and other costs
33%$1.5 million
What's in running the government and other costsOther and not broken out; central staff services (personnel, purchasing, technology) and 1 more
  • Other and not broken out$1.1 million
  • Central staff services (personnel, purchasing, technology)$331 thousand
  • Other government-run businesses$90 thousand
Roads, transit and parking
27%$1.2 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$1.2 million
Police, fire, courts and jails
20%$914 thousand
What's in police, fire, courts and jailsPolice and fire protection
  • Police$730 thousand
  • Fire protection$184 thousand
Water, sewer, trash and utilities
15%$671 thousand
What's in water, sewer, trash and utilitiesWater supply and garbage and solid waste
  • Water supply$353 thousand
  • Garbage and solid waste$318 thousand
Parks, recreation and libraries
4.2%$192 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$192 thousand
Interest on debt
0.3%$15 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Albion. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended December 31, 2023.

What this covers. The money of Town of Albion 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.