County government · Floyd County, IN

Floyd County's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2023), Floyd County took in $138 million and spent $2.7 million.

Latest recorded year: ended December 31, 2023Comes from Goes to

See every government that serves your ZIP

Where it comes from

County taxes96%Local tax money1.5%State tax money1.2%Federal tax money1.1%

What stands out

20%

of Floyd County's money comes from a personal income tax.Most U.S. counties of 50,000 to 250,000 people get none.

County taxes96%

Property tax

75%$104 million

Individual income tax

20%$27.9 million

Other taxes

0.4%$617 thousand

What's in other taxesOther taxes not classified elsewhere

Other taxes not classified elsewhere$617 thousand

Amounts are by Census tax category.

Fees for services<0.1%

Fees for services

<0.1%$13 thousand

What's in fees for servicesOther service charges

Other service charges$13 thousand

Amounts are by Census type of charge.

Federal tax money1.1%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government

1.1%$1.5 million

State tax money1.2%

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

From the state

1.2%$1.6 million

Local tax money1.5%

Money passed on by the county or other local governments.

From other local governments

1.5%$2.1 million

Fines and other<0.1%

Interest, rents and other

<0.1%$15 thousand

Fines

<0.1%$1 thousand

Where it goes

The Census record for this side looks incomplete, so these figures may be lower than the government's own totals.

Police, fire, courts and jails80%Interest on debt20%

Spending by category100%

Police, fire, courts and jails

80%$2.2 million

What's in police, fire, courts and jailsFire protection

Fire protection$2.2 million

Interest on debt

20%$547 thousand

Sources and moreWhere these numbers come from and what they cover

Floyd County. 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 Floyd County 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.