Town government · Fountain County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Hillsboro took in $598 thousand and spent $333 thousand.

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

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Where it comes from

Fees for services (sewer, water)70%State tax money17%Town taxes12%County and local tax money0.7%Fines and other0.2%

What stands out

70%

of Hillsboro'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 taxes12%

Property tax
12%$72 thousand

Fees for services70%

Fees for services
70%$417 thousand
What's in fees for servicesSewer; water and 1 more
  • Sewer$196 thousand
  • Water$190 thousand
  • Garbage collection$31 thousand

Amounts are by Census type of charge.

State tax money17%

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

From the state
17%$104 thousand

County and local tax money0.7%

Money passed on by the county or other local governments.

From the county and other local governments
0.7%$4 thousand

Fines and other0.2%

Interest, rents and other
0.2%$1 thousand

Where it goes

Water, sewer, trash and utilities53%Running the government and other costs30%Interest on debt7.2%Police, fire, courts and jails4.8%Roads, transit and parking3.0%Sent to other local governments2.4%

What stands out

53%

of Hillsboro'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
53%$175 thousand
What's in water, sewer, trash and utilitiesSewer systems and water supply
  • Sewer systems$94 thousand
  • Water supply$81 thousand
Running the government and other costs
30%$100 thousand
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and finance, tax collection and budgeting
  • Central staff services (personnel, purchasing, technology)$94 thousand
  • Finance, tax collection and budgeting$6 thousand
Interest on debt
7.2%$24 thousand
Police, fire, courts and jails
4.8%$16 thousand
What's in police, fire, courts and jailsPolice
  • Police$16 thousand
Roads, transit and parking
3.0%$10 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$10 thousand
Sent to other local governments
2.4%$8 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$8 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Hillsboro. 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 Hillsboro 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.