Township government · Madison County, IN

Anderson Township's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Anderson Township took in $561 thousand and spent $647 thousand.

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

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Where it comes from

Township taxes87%State tax money9.1%Fines and other2.0%Fees for services (parks and recreation)1.8%

What stands out

87%

of Anderson Township's money comes from property tax.A typical U.S. township or town of 50,000+ people gets 66%.

Township taxes87%

Property tax
87%$489 thousand

Fees for services1.8%

Fees for services
1.8%$10 thousand
What's in fees for servicesParks and recreation
  • Parks and recreation$10 thousand

Amounts are by Census type of charge.

State tax money9.1%

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

From the state
9.1%$51 thousand

Fines and other2.0%

Interest, rents and other
2.0%$11 thousand

Where it goes

Running the government and other costs76%Interest on debt12%Sent to other local governments9.9%Parks, recreation and libraries1.5%

What stands out

12%

of Anderson Township's spending goes to interest on debt.Most U.S. townships and towns of 50,000+ people spend nothing on this.

Spending by category100%

Running the government and other costs
76%$493 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$493 thousand
Interest on debt
12%$80 thousand
Sent to other local governments
9.9%$64 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$64 thousand
Parks, recreation and libraries
1.5%$10 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$10 thousand
Sources and moreWhere these numbers come from and what they cover

Anderson Township. 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 Anderson Township 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.