City government · Lake County, IN

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

In the latest recorded fiscal year (ended December 31, 2023), Hobart took in $59.1 million and spent $88.6 million.

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

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Where it comes from

Fees for services (sewer, garbage collection)53%City taxes28%State tax money12%Fines and other4.5%County and local tax money2.3%

What stands out

53%

of Hobart's money comes from fees for services such as water, sewer and parking.A typical U.S. city of 10,000 to 50,000 people gets 30%.

City taxes28%

Property tax
26%$15.1 million
Other taxes
2.8%$1.7 million
What's in other taxesOther licenses; public utility taxes and 2 more
  • Other licenses$1.2 million
  • Public utility taxes$370 thousand
  • Occupation and business licenses$91 thousand
  • Other selective sales taxes$5 thousand

Amounts are by Census tax category.

Fees for services53%

Fees for services
53%$31.1 million
What's in fees for servicesSewer; garbage collection and 2 more
  • Sewer$26.7 million
  • Garbage collection$2.6 million
  • Other service charges$1.7 million
  • Parks and recreation$131 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%$7.1 million

County and local tax money2.3%

Money passed on by the county or other local governments.

From the county and other local governments
2.3%$1.4 million

Fines and other4.5%

Interest, rents and other
4.5%$2.6 million
Fines
<0.1%$46 thousand

Where it goes

Running the government and other costs51%Police, fire, courts and jails17%Roads, transit and parking12%Water, sewer, trash and utilities12%Housing and community development3.8%All other spending4.3%

What stands out

51%

of Hobart's spending goes to running the government and other costs.A typical U.S. city of 10,000 to 50,000 people spends 18%.

Spending by category100%

Running the government and other costs
51%$44.8 million
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$42.5 million
  • Finance, tax collection and budgeting$1.1 million
  • Government buildings$739 thousand
  • Central staff services (personnel, purchasing, technology)$468 thousand
  • Other government-run businesses$10 thousand
Police, fire, courts and jails
17%$15.1 million
What's in police, fire, courts and jailsPolice; fire protection and 3 more
  • Police$8.5 million
  • Fire protection$5.7 million
  • Courts and legal services$548 thousand
  • Prisons and jails$322 thousand
  • Probation, parole and other corrections$30 thousand
Roads, transit and parking
12%$10.9 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$10.9 million
Water, sewer, trash and utilities
12%$10.7 million
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$9.3 million
  • Garbage and solid waste$1.3 million
  • Water supply$1 thousand
Housing and community development
3.8%$3.4 million
Interest on debt
3.2%$2.9 million
Parks, recreation and libraries
1.1%$937 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$937 thousand
Sources and moreWhere these numbers come from and what they cover

City of Hobart. 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 Hobart 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.