Town government · Cass County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Galveston took in $2.0 million and spent $1.8 million.

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

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Where it comes from

Fees for services (water, sewer)70%Town taxes18%State tax money12%County and local tax money0.5%Fines and other0.3%

What stands out

70%

of Galveston'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 taxes18%

Property tax
18%$355 thousand
Other taxes
0.2%$3 thousand
What's in other taxesOther licenses
  • Other licenses$3 thousand

Amounts are by Census tax category.

Fees for services70%

Fees for services
70%$1.4 million
What's in fees for servicesWater; sewer and 2 more
  • Water$748 thousand
  • Sewer$573 thousand
  • Airport$45 thousand
  • Parks and recreation$12 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%$228 thousand

County and local tax money0.5%

Money passed on by the county or other local governments.

From the county and other local governments
0.5%$9 thousand

Fines and other0.3%

Interest, rents and other
0.2%$4 thousand
Fines
<0.1%$1 thousand

Where it goes

Running the government and other costs47%Water, sewer, trash and utilities45%Interest on debt4.1%Roads, transit and parking2.4%Parks, recreation and libraries1.2%Police, fire, courts and jails<0.1%

What stands out

47%

of Galveston'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%

Running the government and other costs
47%$862 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$836 thousand
  • Other and not broken out$26 thousand
Water, sewer, trash and utilities
45%$825 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$520 thousand
  • Sewer systems$305 thousand
Interest on debt
4.1%$74 thousand
What's in interest on debtInterest on water supply debt and interest on general debt
  • Interest on water supply debt$68 thousand
  • Interest on general debt$6 thousand
Roads, transit and parking
2.4%$43 thousand
What's in roads, transit and parkingRoads and highways and airports
  • Roads and highways$29 thousand
  • Airports$14 thousand
Parks, recreation and libraries
1.2%$21 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$21 thousand
Police, fire, courts and jails
<0.1%$1 thousand
What's in police, fire, courts and jailsPolice
  • Police$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Galveston. 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 Galveston 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.