Town government · Owen County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Gosport took in $611 thousand and spent $452 thousand.

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

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Where it comes from

Fees for services (water, sewer)57%Town taxes28%Federal tax money13%Fines and other2.0%State tax money0.3%

What stands out

13%

of Gosport's money comes from federal tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

Town taxes28%

Property tax
14%$85 thousand
Individual income tax
10%$63 thousand
Other taxes
3.8%$23 thousand
What's in other taxesPublic utility taxes and motor vehicle licenses
  • Public utility taxes$12 thousand
  • Motor vehicle licenses$11 thousand

Amounts are by Census tax category.

Fees for services57%

Fees for services
57%$349 thousand
What's in fees for servicesWater; sewer and 1 more
  • Water$188 thousand
  • Sewer$159 thousand
  • Other government-run businesses$2 thousand

Amounts are by Census type of charge.

Federal tax money13%

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

From the federal government
13%$77 thousand

State tax money0.3%

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

From the state
0.3%$2 thousand

Fines and other2.0%

Interest, rents and other
2.0%$12 thousand

Where it goes

Water, sewer, trash and utilities79%Police, fire, courts and jails12%Roads, transit and parking8.8%Sent to other local governments0.2%

What stands out

79%

of Gosport's spending goes to water, sewer, trash and other utilities.A typical U.S. city, town or village of under 10,000 people spends 32%.

Spending by category100%

Water, sewer, trash and utilities
79%$359 thousand
What's in water, sewer, trash and utilitiesWater supply and sewer systems
  • Water supply$194 thousand
  • Sewer systems$165 thousand
Police, fire, courts and jails
12%$52 thousand
What's in police, fire, courts and jailsFire protection and courts and legal services
  • Fire protection$37 thousand
  • Courts and legal services$15 thousand
Roads, transit and parking
8.8%$40 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$40 thousand
Sent to other local governments
0.2%$1 thousand
What's in sent to other local governmentsSent to local governments: other and not broken out
  • Sent to local governments: other and not broken out$1 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Gosport. 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 Gosport 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.