Town government · Wayne County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Hagerstown took in $5.4 million and spent $2.6 million.

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

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Where it comes from

Fees for services (electric power, sewer)80%State tax money9.5%Town taxes9.0%Fines and other0.8%County and local tax money0.5%

What stands out

80%

of Hagerstown'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 taxes9.0%

Property tax
9.0%$487 thousand

Fees for services80%

Fees for services
80%$4.4 million
What's in fees for servicesElectric power; sewer and 5 more
  • Electric power$2.8 million
  • Sewer$710 thousand
  • Water$548 thousand
  • Other service charges$203 thousand
  • Parks and recreation$55 thousand
  • Other government-run businesses$48 thousand
  • Airport$26 thousand

Amounts are by Census type of charge.

State tax money9.5%

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

From the state
9.5%$514 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%$29 thousand

Fines and other0.8%

Interest, rents and other
0.8%$43 thousand

Where it goes

Running the government and other costs52%Water, sewer, trash and utilities23%Housing and community development10%Roads, transit and parking7.6%Parks, recreation and libraries5.0%Police, fire, courts and jails1.5%

What stands out

10%

of Hagerstown's spending goes to housing and community development.Most U.S. cities, towns and villages of under 10,000 people spend nothing on this.

Spending by category100%

Running the government and other costs
52%$1.4 million
What's in running the government and other costsOther and not broken out; other government-run businesses and 1 more
  • Other and not broken out$1.3 million
  • Other government-run businesses$64 thousand
  • Finance, tax collection and budgeting$26 thousand
Water, sewer, trash and utilities
23%$616 thousand
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$350 thousand
  • Water supply$265 thousand
  • Electric power$1 thousand
Housing and community development
10%$270 thousand
Roads, transit and parking
7.6%$199 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$199 thousand
Parks, recreation and libraries
5.0%$131 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$131 thousand
Police, fire, courts and jails
1.5%$40 thousand
What's in police, fire, courts and jailsPolice; courts and legal services and 1 more
  • Police$23 thousand
  • Courts and legal services$15 thousand
  • Fire protection$2 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hagerstown. 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 Town of Hagerstown 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.