Town government · Hancock County, IN
Cumberland's money: where it comes from and where it goes
In the latest recorded fiscal year (ended December 31, 2021), Cumberland took in $9.6 million and spent $7.9 million.
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Where it comes from
What stands out
of Cumberland's money comes from state tax money.A typical U.S. city, town or village of under 10,000 people gets 10%.
Town taxes21%
What's in other taxesMotor vehicle licenses
- Motor vehicle licenses$71 thousand
Amounts are by Census tax category.
Fees for services39%
What's in fees for servicesSewer
- Sewer$3.8 million
Amounts are by Census type of charge.
State tax money36%
Money the state passes on, paid for by the state taxes residents also pay.
Fines and other3.6%
Where it goes
What stands out
of Cumberland's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.
Spending by category100%
What's in water, sewer, trash and utilitiesSewer systems
- Sewer systems$2.8 million
What's in police, fire, courts and jailsPolice
- Police$2.0 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
- Central staff services (personnel, purchasing, technology)$1.4 million
- Finance, tax collection and budgeting$155 thousand
What's in roads, transit and parkingRoads and highways and toll roads and bridges
- Roads and highways$683 thousand
- Toll roads and bridges$354 thousand
What's in parks, recreation and librariesParks and recreation
- Parks and recreation$265 thousand
Sources and moreWhere these numbers come from and what they cover
Town of Cumberland. 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 Cumberland 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.