Town government · Noble County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Cromwell took in $1.8 million and spent $1.3 million.

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

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Where it comes from

Fees for services (water, sewer)88%Town taxes11%State tax money1.0%Fines and other0.1%

What stands out

88%

of Cromwell'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 taxes11%

Property tax
9.2%$163 thousand
Other taxes
1.5%$27 thousand
What's in other taxesMotor vehicle licenses and public utility taxes
  • Motor vehicle licenses$15 thousand
  • Public utility taxes$12 thousand

Amounts are by Census tax category.

Fees for services88%

Fees for services
88%$1.6 million
What's in fees for servicesWater; sewer and 1 more
  • Water$610 thousand
  • Sewer$517 thousand
  • Other service charges$431 thousand

Amounts are by Census type of charge.

State tax money1.0%

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

From the state
1.0%$17 thousand

Fines and other0.1%

Interest, rents and other
0.1%$2 thousand

Where it goes

Water, sewer, trash and utilities48%Running the government and other costs43%Interest on debt4.7%Roads, transit and parking2.7%Parks, recreation and libraries1.5%

What stands out

43%

of Cromwell's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Water, sewer, trash and utilities
48%$620 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$409 thousand
  • Water supply$211 thousand
Running the government and other costs
43%$560 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$560 thousand
Interest on debt
4.7%$61 thousand
Roads, transit and parking
2.7%$35 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$35 thousand
Parks, recreation and libraries
1.5%$20 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$20 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Cromwell. 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 Cromwell 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.