City government · Elkhart County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Goshen took in $526 thousand and spent $3.7 million.

Latest recorded year: ended December 31, 2023Comes fromGoes to

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Where it comes from

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

State tax money100%

State tax money100%

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

From the state
100%$526 thousand

Where it goes

Interest on debt87%Running the government and other costs13%

What stands out

87%

of Goshen's spending goes to interest on debt.A typical U.S. city of 10,000 to 50,000 people spends 2.2%.

Spending by category100%

Interest on debt
87%$3.2 million
Running the government and other costs
13%$502 thousand
What's in running the government and other costsOther and not broken out and finance, tax collection and budgeting
  • Other and not broken out$498 thousand
  • Finance, tax collection and budgeting$4 thousand
Sources and moreWhere these numbers come from and what they cover

City of Goshen. 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 City of Goshen 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.