Town government · Marion County, IN

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

In the latest recorded fiscal year (ended December 31, 2021), Homecroft took in $382 thousand and spent $237 thousand.

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

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Where it comes from

Fines and other27%Town taxes25%Federal tax money23%State tax money14%County and local tax money11%

What stands out

23%

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

Town taxes25%

Property tax
23%$87 thousand
Other taxes
1.8%$7 thousand
What's in other taxesMotor vehicle licenses
  • Motor vehicle licenses$7 thousand

Amounts are by Census tax category.

Federal tax money23%

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

From the federal government
23%$86 thousand

State tax money14%

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

From the state
14%$54 thousand

County and local tax money11%

Money passed on by the county or other local governments.

From the county and other local governments
11%$43 thousand

Fines and other27%

Fines
15%$59 thousand
Interest, rents and other
12%$46 thousand

Where it goes

Running the government and other costs87%Police, fire, courts and jails13%

What stands out

87%

of Homecroft's spending goes to running the government and other costs.A typical U.S. city, town or village of under 10,000 people spends 22%.

Spending by category100%

Running the government and other costs
87%$207 thousand
What's in running the government and other costsOther and not broken out
  • Other and not broken out$207 thousand
Police, fire, courts and jails
13%$30 thousand
What's in police, fire, courts and jailsPolice
  • Police$30 thousand
Sources and moreWhere these numbers come from and what they cover

Town of Homecroft. 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 Homecroft 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.